Tax evasion: Bercy closes the regularization service for hidden accounts

Tax evasion: Bercy closes the regularization service for hidden accounts

The Ministry of Public Accounts said Wednesday, August 28 that the service dedicated to tax repentants would close for individuals.

Tax evasion: Bercy closes the regularization service for hidden accounts

Created after the Cahuzac affair, the cell for the regularization of hidden accounts brought in 9.4 billion euros in 5 years, with some 47,000 French people who wished to regularize their tax situation vis-à-vis France. On average, tax repentants are 69-year-old taxpayers wishing to prepare their succession. 40% live in Île-de-France, and were hiding 690,000 euros, and for 77% of cases the money was in Switzerland.

The repentants have had time to declare themselves

“Most of the adjusted accounts were old accounts, sometimes even very old”, explains Me Paul Duvaux, tax lawyer. “Many of them were created during WWII, by people who feared war ”, he decrypts. But Bercy decided to end the cell, judging that the repentants had had time to declare themselves. But the counter is still open to businesses.