Canal Plus faces massive claim from French tax authorities in ongoing VAT disputes

(Telecompaper) French tax authorities are in dispute with Canal Plus over three separate claims for back taxes, amounting to around EUR 655 million overall. Details of the dispute are summarised in the prospectus published by Canal+ Group in relation to its listing on the London stock exchange, which should go ahead on 16 December subject to the final approval of Vivendi's proposed split project...