Home Economics Lawmaker pushes review of SocGen’s rogue trader tax writeoff

Lawmaker pushes review of SocGen’s rogue trader tax writeoff

When you purchase through our sponsored links, we may earn a commission. By using this website you agree to our T&Cs.

Lawmaker pushes review of SocGen’s rogue trader tax writeoff (via AFP)

A French lawmaker said Thursday she had succeeded in getting authorities to review the 1.7-billion-euro ($2.3 billion) tax writeoff that Societe Generale took over rogue trading losses. The bank incurred a loss of nearly five billion euros in 2007 when…

Our Editorial Standards

At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

AFP
Editor

Want Financial Guidance Sent Straight to You?

  • Pop your email in the box, and you'll receive bi-weekly emails from ValueWalk.
  • We never send spam — only the latest financial news and guides to help you take charge of your financial future.