France needs it's new lower tax on wealth in order to stem its exodus of millionaires, the country's Prime Minister …
The Constitutional Council, the highest court in France, has approved a 75 percent income tax rate – the so-called “millionaire’s tax” -- proposed by the Socialist government of President Francois Hollande as one of its fundamental …
Back in 2012, France's President Hollande made good on a campaign promise and imposed a 75% tax on millionaires. There were some high-profile rich Frenchmen who exited the country, including Bernard Arnault, the chief executive of …
PARIS • It was supposed to force millionaires to pay tax rates of up to 75 percent: "Cuba without the sun," as described by a critic from the banking industry. Socialist President Francois Hollande's super tax was rejected by a court, …
France’s Constitutional Council on Sunday upheld President François Hollande’s “millionaires' tax”, a 75-percent levy to be paid in 2013 and 2014 by companies on their portion of wages exceeding 1 million euros. The so-called …
A "millionaire's tax" which imposes a top tax rate of 75% has been ruled legal in France. The tax was a pre-election pledge by socialist president Francois Hollande, who swore the rich would help pull France out of its economic crisis, …
PARIS - France's Constitutional Council gave the green light on Sunday to the government's controversial 'millionaire tax', to be levied on companies that pay salaries of more than 1 million euros ($1.38 million) a year. The measure, …
France’s Constitutional Council upheld President Francois Hollande’s “millionairestax” on Sunday, ruling in favor of a 75-percent tax to be paid by companies with incomes above $1 million euros ($1.38 million) in 2013 and 2014. …
The French government has dropped plans to impose a 75% tax on earnings above €1 million, reports The Guardian newspaper. French president Francois Hollande had announced the measure during his 2012 campaign as part of a …
FILE - In this Sept. 1, 2014, file photo, French Economy and Industry minister Emmanuel Macron arrives for an official diner with the French President Francois Hollande and Saudi Crown Prince and Defense Minister Salman bin Abdul-Aziz, at …