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, …
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 …
France's Constitutional Council gave the green light on Sunday to the government's “millionaire tax", to be levied on companies that pay salaries of more than €1 million ($1.55 million) a year. The measure, introduced in line with a …
France’s President Francois Hollande has been given the go-ahead to impose a 75 percent tax on companies that pay salaries of more than 1 million euros ($1.38 million) a year, after the nation’s highest court on Sunday agreed that the …
PARIS -- It was supposed to force millionaires to pay tax rates of up to 75 per cent: "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, …
PARIS (Reuters) - France's Constitutional Council gave the green light on Sunday to a 'millionaire's tax', to be levied on companies that pay salaries of more than 1 million euros a year. The measure, introduced in line with a pledge by …
MOSCOW — Gerard Depardieu, the French actor who has waged a battle against a proposed super-tax on millionaires in his native country, has been granted Russian citizenship. A brief announcement on the Kremlin website on …
France's Constitutional Council has approved Francois Hollande's 'millionaire’s tax.' The tax will be levied on companies paying salaries of more than 1 million euros a year. French President Francois Hollande's high income super-tax has …
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 40%. French …
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 …