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France's highest court on Saturday blocked a move by Francois Hollande's socialist government to impose a 75pc tax rate on people earning over €1m (£820,000), calling it unfair. The constitutional court said the controversial wealth tax …
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 …
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 …
France’s Socialist president may save face with some supporters by resurrecting a 75% super-tax on million-euro salaries, but his plan to shift the levy from individuals to companies only alienated business leaders yesterday and …
So now President Hollande may have got his way, but what does it mean for France? And, in the first of a series on the future of the media we look at good old short wave radio. We also hear why falling gold prices could spell disaster for …
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 — …
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 …
In France on Monday to be honored with that nation’s Commander of the Arts award, the wisecracking star of the Die Hard films took a very public swing at Socialist President Francois Hollande’s controversial 75 percent “millionaire’s tax.”
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, …