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aws账号( fined \u20ac1.8 billion over tax evasion in French appeal



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General counsel of UBS Group AG, Markus Diethelm, arrives at the Court of Appeal for the verdict in Paris today. – EPA pic, December 13, 2021.

A FRENCH court fined Swiss bank UBS €1.8 billion (RM8.7 billion) today on appeal for its role in helping French residents commit tax fraud.

UBS took the fight to the Paris appeals court after being initially hit with a €3.7 billion fine in a ruling in 2019, France’s biggest-ever tax evasion penalty.



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