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 “millionaires' tax ...
The controversial tax changes have driven a number of high-profile millionaires out of the country, including actor Gerard …
France's constitutional court has approved a controversial "millionaire tax" proposed by the country's president that will levy taxes on companies that pay salaries north of 1 million euros (just under $1.4 million). Under President François …
PARIS (AP) — 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 …
is today part of a sizable community of rich expatriate French driven out by the world's highest tax bills on wealthy citizens. The exodus continues: On average, at least one millionaire leaves France every day to take up residence in more …
France's Constitutional Council gave the green light on Sunday to the government's “millionaire tax", to be levied on companies that pay salaries of more than €1 million ($1.55 million) a year. The measure, introduced in line with a …
PARIS (Reuters) - The 75 percent tax rate that French presidential frontrunner Francois Hollande wants to slap on income over 1 million euros ($1.31 million) would be kept in place for many years, a top adviser to the Socialist candidate said …
Such rates are far higher than those proposed by the controversial Buffett Rule in the US, which would force anyone making over $1 million to pay at least 30 percent of their income in taxes. France will also increase taxes on banks and …
A controversial French tax to be levied on companies that pay salaries of more than 1 million euros ($1.55 million) a year has been approved. France's constitutional council gave the green light to the temporary but controversial "millionaire …
If millionaire tax migration were going to happen anywhere, France — a country under actual socialist rule, with a government that proposed a 75 percent tax on high-earners and has shown active hostility to business interests — …