France

Country profiles
Country profiles

France

  • Corporate Tax Haven Index ranking: 22
  • Financial Secrecy Index ranking: 33
  • Tax loss each year to tax havens: $20,236,181,334
  • Tax loss inflicted on other countries: $4,491,183,105

Country profile

Tax abuse losses

$20,236,181,334

lost in tax every year to global tax abuse

$14,351,950,377

lost to tax avoidance committed by multinational corporations

$5,884,230,957

lost to tax evasion committed by private individuals

  • Equivalent to 2.66% tax revenue (tax revenue in 2020 : $761,445,088,069 trillion)
  • Equivalent to loss of $305 per member of population (Population: 66,453,578.40)
  • Greater than Global Average tax revenue Loss 2.61%
  • Smaller than Regional Average tax revenue Loss 3.39%

Global Rankings

Corporate Tax Haven Index 2019
#22

Global Rank (First is Worst)

55.70/100

Haven Score (100 is Worst)

1.38%

Share of global tax havenry

Financial Secrecy Index 2020
#33

Global Rank (First is Worst)

49.90/100

Haven Score (100 is Worst)

1.03%

Share of global tax secrecy

Harm to other countries

$4,491,183,105

in tax lost by other countries

$0

by enabling corporate tax avoidance

$4,491,183,105

by enabling private tax evasion

Responsible for 1.05% of global tax losses
Inflicted tax loss equivalent to yearly salaries of
356,051 nurses

Social impact of lost tax

Tax loss equivalent to 8.61% of health budget
Tax loss equivalent to N/A of education spendings
Suffered tax loss equivalent to paying yearly salaries of
529,329 nurses

Vulnerability to illicit financial flows

Most Vulnerable via Inward FDI
Vulnerable Score for this channel is 58.00 / 100
(100 is Worst)

Trading partners most responsible for vulnerability

Netherlands (24.4%)
Luxembourg (16.5%)
Switzerland (11.5%)

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