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 portion …
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, introduced ...
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, rewritten …
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 …
France’s Constitutional Council upheld President Francois Hollande’s “millionaires’ tax” 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. Companies …
Disagreements have emerged between members of France’s Socialist-led government over a bill to tax the country’s highest earners, after the original 75% law championed by François Hollande was struck down by France’s highest …
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 ($1.38 million) a year. The …
French President Francois Hollande has announced plans for a 75 percent tax rate for those earning over €1 million ($1.28 million), in what has been dubbed the country’s toughest budget in 30 years. The proposed 75 percent top tax rate, up …