PARIS - 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 ($1.38 million) a year. The measure, introduced in line with a pledge by …
A "millionaire's tax" which imposes a top tax rate of 75% has been ruled legal in France. The tax was a pre-election pledge by socialist president Francois Hollande, who swore the rich would help pull France out of its economic crisis, …
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, …
France’s Constitutional Council on Sunday upheld President François Hollande’s “millionaires' tax”, a 75-percent levy to be paid in 2013 and 2014 by companies on their portion of wages exceeding 1 million euros. The so-called …
PARIS FRANCE - United States' Democrats might take into consideration what France's top court ruled on millionaire taxes, as Bloomberg reports- President Francois Hollande’s 75 percent millionaire-tax is unconstitutional because it …
France’s Constitutional Council upheld President Francois Hollande’s “millionairestax” on Sunday, ruling in favor of a 75-percent tax to be paid by companies with incomes above $1 million euros ($1.38 million) in 2013 and 2014. …
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 campaign as part of a …
French President Francois Hollande’s government plans to re-introduce a millionairestax of 75 percent next year, addressing objections by the constitutional court that struck down the levy last week. Hollande told a cabinet meeting …
The French “Millionaire ... tax climates happen slowly, over the long term. Many high salary jobs – for example, partner in a law firm – require extremely long hours and a graduate degree. These represent substantial investments of time and …