France to Tighten Oversight of Tax Evasion and Welfare Fraud

France plans to clamp down harder on tax evasion and social security fraud, after recovering a record €14.6 billion ($15.5 billion) from fiscal irregularities last year, Budget Minister Gabriel Attal said Thursday.

The government collected €9 billion from companies in 2022, with the most egregious cases stemming from firms that underreported tax benefits or revenues, Attal said in an interview with Le Parisien newspaper.