Legal
Record French Fine Slashed as Latvian Bank Wins Tax Appeal
Latvian lender Rietumu Banka won a 75% reduction in what was once France’s highest criminal fine for a company. Rietumu, which had allegedly helped clients of a company-registration and advisory firm dodge taxes, will still have to pay 20 million euros ($23.6 million), down from the 80 million-euro penalty handed…
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