It has become a symbol of his government’s record-high taxation rate. More than half working-age French live off the state, tax lawyer calculates Germany calls France ‘the problem child of Europe’ in scathing leaked memo …
The French government has dropped plans to impose a 75% tax on earnings above €1 million, reports The Guardian newspaper. French president Francois Hollande had announced the measure during his 2012 …
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 …
France may need to worry about people leaving the country ... It is over that sort of time horizon that the true effects of the Millionaire Tax will be felt. It’s therefore inappropriate to try to divine too much from the most …
Tax
PanARMENIAN.Net - The French government on Tuesday, February 28 slammed a proposal by Socialist presidential frontrunner Francois Hollande to slap a 75-per-cent tax on millionaires, saying such a punitive …
Submitted by Quest-News-Serv... on Wed, 10/03/2012 - 03:41. In France, a new 75% income tax on individuals earning over a million Euro ($1.2 million) per year was announced today. Incomes of $150,000 will be taxed at …
PARIS – It was supposed to force millionaires to pay tax rates ... And that critic of the tax? He is now Hollande’s economy minister, trying mightily to undo the damage to France’s image in international business …
Their rates would be higher than traditional high-tax countries such as France, Germany, Italy, and Spain. In the global race for investment and capital, the millionaire tax would make almost every other developed country …
There's more to France's new austerity budget than its proposed record-high tax rate, but the 75 percent tax on those making a million euros ($1.29 million) or more is certainly the thing that has people talking. The budget …