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Radio France Internationale
Radio France Internationale
National
RFI

HSBC set to pay fine in France over tax fraud claim

The HSBC logo. © Reuters - Arnd Wiegmann

Banking giant HSBC will appear in a Paris court this week to finalise a fine reported to be as much as 300 million euros over alleged dividend tax fraud, according to reports from French news agency AFP.

The case is part of investigations sparked by a massive fraud carried out for years in several European countries, revealed by a consortium of European news outlets in 2018.

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