Paris - A report by New World Wealth estimates that approximately 10,000 millionaires fled France last year ... The United States' reporting and tax burdens for dual citizens living in other countries can be extremely high, even for non …
Millionaire emigration also hits government tax revenues and may be associated with loss of jobs and money outflows that can impact property prices and the financial markets. "France is being heavily impacted by rising religious …
New World Wealth said about 12,000 millionaires left France, with Amoils telling CNBC they left the country because of high taxes on the wealthy and growing tension over religion. About 9,000 millionaires departed China, while 8,000 left …
French President François Hollande had been pushing for a 75% tax on the super-rich since his 2012 presidential campaign. France's controversial "millionaire tax" is set to become law, allowing the government to levy a 75% tax
Photo by Sean Gallup/Getty Images The Constitutional Council of France formally approved the government’s “millionaire tax” on Sunday, meaning the country’s top earners are about to pay a whole lot more into the public fisc. A central …
PARIS (Reuters) - 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 (837 thousand pounds) a …
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 …
The French government has caught the ire of local entrepreneurs with the legalization of a "millionaire tax" on companies that pay salaries of more than 1 million euros ($1.37 million). Employers will have to pay a 50 percent tax on the …