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 …
The controversial tax changes have driven a number of high-profile millionaires out of the country, including …
France
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. …
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
PARIS — France’s Constitutional Council gave the go-ahead on Sunday to the government’s so-called millionaire tax, to be levied on companies that pay salaries of more than 1 million euros a year. The …
France
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, …
France
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 …
PARIS France's Constitutional Council on Saturday rejected a 75 percent upper income tax rate to be introduced in 2013 in a setback to Socialist President Francois Hollande's push to make the rich contribute more to …
Reuters
PARIS — France’s Constitutional Council gave the green light yesterday to the government’s “ millionaire tax,” to be levied on companies that pay salaries of more than 1 million euros ($1.38 million) a year. The measure, …
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 …