France Joins Nations Denying Aid to Companies in Tax Havens

France will withhold coronavirus relief from companies based in tax havens, the finance minister said.

“It goes without saying that if a business has its tax headquarters or subsidiaries in a tax haven, I want to say very strongly that it will not be able to get cash help from the state,” French Minister of Economy and Finance Bruno Le Maire said Thursday in an interview on France Info.

• Companies that have benefited from cash loans from the state can’t pay dividends or do share buybacks, Le Maire also said.
• The Danish government likewise announced April 18 that it ...