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
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 court, rewritten …
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 …
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 - 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, …
France’s budget minister revealed this week, the takings for the much-maligned 75 percent tax rate on millionaires, suggesting the figures show that their objective was achieved. The 75 percent tax on millionaires was one of the …
Since 2000, France has experienced a net outflow of 60,000 millionaires, according to research group New World Wealth. “Removing the wealth tax would help to repatriate the wealth of people who’ve moved to Belgium, Switzerland …