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In a ruling on 02 February 2016, the Versailles Court of Appeal imposed several liability on both the publishing company Wolters Kluwer France (WKF) and its parent holding company Holding Wolters Kluwer France (HWKF) to recalculate and pay eight years worth of profit sharing amounts to the French employees that did not receive this element of pay because of a tax optimization scheme (where the subsidiary took out a loan from the parent leaving the subsidiary in debt). The Appeal Court stated that the management had ‘knowingly dissimulated’ the negative consequences of the scheme and called it unenforceable on the employees.
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