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The measure, introduced in line with a pledge by President Francois Hollande to make the rich do more to pull France out of crisis, has infuriated business leaders and football clubs, which at one point threatened to go on strike. It was originally ...
Reuters · ByEmile Picy andNatalie Huet · 1/6/2014
PARIS (AP) — 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 and ...
Townhall.com · 12/31/2014
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, introduced in line ...
Toronto Sun · 12/30/2013
The French government has caught the ire of local entrepreneurs with the legalization of a "millionaire tax" on companies that pay salaries of more than 1 million euros ($1.37 million). Employers will have to pay a 50 percent tax on the portion of any ...
Entrepreneur · 12/31/2013
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 circles. The tax of 75 percent ...
Japan Times · 1/1/2015
French companies to be taxed 75% on salaries more more then a million euros a year. Zain Asher explains the new rules.
CNN · 12/30/2013
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 is therefore inappropriate to try to divine too much from the most immediate reactions alone.
National Center for Policy Analysis · 1/3/2014
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, rewritten and ...
CTV News · 12/31/2014