France’s proposed 75% tax on millionaires affects only a few thousand people, at most. But already the 2013 budget is proving controversial, with some critics saying the new policy will drive talent out of France. The measure comes as …
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 (837 thousand pounds) a …
A controversial tax of 75 per cent on the highest earners in France has been approved by the nation's top court. A key policy of President Francois Hollande, a new 'millionare's tax' will levied on companies that pay salaries of more than …
French president Francois Hollande suffered a major political blow over the weekend when his flagship policy to heavily tax the very rich was struck down ... over France's tax-evading budget minister is threatening to engulf Hollande's
President François Hollande’s “supertax” – detested by French millionaires and mocked by some British politicians – will soon be no more. At the end of this month, France’s 75 per cent tax on incomes over €1m (£780,000) will be quietly …
French actor Gerard Depardieu left his home country to avoid what he described as a severe increase in income taxes, drawing a storm of criticism from France and fellow citizens. Accordingly, Schiller said, high-profile millionaires are …
Well, for Depardieu, it comes down to taxes. Under President Francois Hollande, France has been weighing a proposal for a 70 percent marginal tax rate on millionaires. Russia, on the other hand, offers a flat, 13 percent tax. Now, moving to …
This worked so well for France that Belgium had a real estate boom with the new tax on millionaires was announced. And New Jersey learned that millionaires have a tendency to leave when confronted with higher taxes. But Illinois? …
Despite that, controversy has continued to rage over the 75% measure. French media has been rife with reports of millionaires fleeing France to take up foreign homes with lower tax structures — an exodus impossible to prove, …
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, …