{"id":17834,"date":"2016-01-04T17:18:33","date_gmt":"2016-01-04T14:18:33","guid":{"rendered":"http:\/\/en.ldaily.ua\/?p=17834"},"modified":"2016-01-15T01:46:01","modified_gmt":"2016-01-14T22:46:01","slug":"credit-agricole-will-pay-the-us-government-99-million-for-aiding-citizens-in-tax-evasion","status":"publish","type":"news","link":"https:\/\/ldaily.ua\/en\/news\/novosti\/credit-agricole-will-pay-the-us-government-99-million-for-aiding-citizens-in-tax-evasion\/","title":{"rendered":"Credit Agricole will pay the US government $ 99 million for aiding citizens in tax evasion"},"content":{"rendered":"<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-17812 size-medium\" src=\"https:\/\/ldaily.ua\/wp-content\/uploads\/2016\/01\/im578x383-Credit-Agricole_cnbc-com-302x200.jpg\" alt=\"Credit Agricole will pay the US government $ 99 million for aiding citizens in tax evasion\" width=\"302\" height=\"200\" title=\"\"><em>Division of a major bank in Switzerland will pay to the USA government a fine of \u00a0 $ 99 million to settle the case to the complicity of American citizens in tax evasion, &#8211; reports The Wall Street Journal.<\/em><\/p>\n<p style=\"text-align: justify;\">In its defense, the bank&#8217;s representatives said that their establishment has never been support those who violated tax laws. But at the same time, they added that some customers of the bank can provide them with incomplete information about their citizenship and liabilities in the tax area. Therefore, the bank could simply be ignorant fully about \u00a0those customers and could not speculate about how truthful was the provided information.<\/p>\n<p style=\"text-align: justify;\">The amount to pay a fine allocated of bank reserves, and this will not affect its financial condition, say the representatives of the bank.<\/p>\n<p style=\"text-align: justify;\"><em>After the incident, the USA\u00a0 Justice Department started an inquiry of other financial institutions operating in Switzerland, and some of them have also been fined for fraud in the field of tax legislation.<\/em><\/p>\n<p style=\"text-align: justify;\">It is not the first time when the French bank Credit Agricole \u00a0is penalized \u00a0by the United States government. In the autumn of 2015, the Bank has been accused by the government of America that \u00a0it had violated the sanctions provisions, namely illegally transfer money to the Iranian and Sudanese accounts (which are under USA sanctions) by the Credit Agricole branch offices in the United States. Then, the bank had to pay a fine of $ 800 million in order to settle that case. Recognition of the fault in this case helped the bank to avoid a criminal responsibility and to manage only cash payments.<\/p>\n<p style=\"text-align: justify;\">Source: www.wsj.com<\/p>\n","protected":false},"featured_media":17813,"menu_order":0,"template":"","newscat":[9],"newstag":[],"issues":[],"class_list":["post-17834","news","type-news","status-publish","has-post-thumbnail","hentry","newscat-novosti"],"_links":{"self":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news\/17834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media\/17813"}],"wp:attachment":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media?parent=17834"}],"wp:term":[{"taxonomy":"newscat","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newscat?post=17834"},{"taxonomy":"newstag","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newstag?post=17834"},{"taxonomy":"issues","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/issues?post=17834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}