"Paradise Papers": clarification by Dassault Aviation
(Thomson Reuters ONE) -
"Paradise Papers": clarification by Dassault Aviation
(Saint-Cloud, France, November 7, 2017) - Dassault Aviation provides the
following clarifications regarding the information which were published in the
media concerning the "Paradise Papers".
Dassault Aviation complies with all of its tax obligations and in this respect
pays taxes and duties in the countries where it conducts its industrial
activities, i.e. chiefly in France and in the United States, via its American
subsidiary. No tax optimization structure has been set up by the Company in
order to evade French taxes or French VAT.
Whether for direct sales or financing of its Falcon business jets, Dassault
Aviation conducts out the necessary checks and formalities in compliance with
the laws and regulations in force, with all such operations being regularly
checked by the French tax authorities.
Dassault Aviation keeps a scrutiny on its operations leading to the delivery of
aircraft to its clients. The choice of country of registration and the mode of
operations of aircraft delivered are the exclusive prerogative of clients.
Between 2008 and 2012 only, Dassault Aviation incorporated 7 leasing companies
in the Isle of Man, to cover the financing needs of customers amid the financial
crisis. This represented 2% of Falcons delivered worldwide over the period 2008
to 2012.
The Isle of Man was chosen for reasons related to operational flexibility and
corporate management. The Isle of Man is with respect to VAT a European
Community territory and is not listed among the non-cooperative tax
jurisdictions.
The need to move towards international rules for tax harmonization is a
political topic which we support in order to ensure fair global trade.
* * *
About Dassault Aviation
With over 10,000 military and civil aircraft delivered in more than
90 countries over the last century, Dassault Aviation has built up expertise
recognized worldwide in the design, development, sale and support of all types
of aircraft, ranging from the Rafale fighter, to the high-end Falcon family of
business jets and military drones. In 2016, Dassault Aviation reported revenues
of ?3.6 billion. The group has 12,000 employees.
www.dassault-aviation.com
Twitter: (at)Dassault_OnAir
Press contacts:
Corporate Communications
Stéphane Fort
Mathieu Durand
Tel: +33 (0)1 47 11 86 90
Tel: +33 (0)1 47 11 85 88
stephane.fort(at)dassault-aviation.com
mathieu.durand(at)dassault-aviation.com
For high-definition photos:
http://mediaprophoto.dassault-aviation.com/
For high-definition videos:
http://mediaprovideo.dassault-aviation.com/
* * *
"Paradise Papers": clarification by Dassault Aviation:
http://hugin.info/143388/R/2147874/823810.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Dassault Aviation via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 07.11.2017 - 17:28 Uhr
Sprache: Deutsch
News-ID 567030
Anzahl Zeichen: 3876
contact information:
Town:
Saint-Cloud Cedex 300
Kategorie:
Business News
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""Paradise Papers": clarification by Dassault Aviation"
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