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 - 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 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. …
FILE - In this Sept. 1, 2014, file photo, French Economy and Industry minister Emmanuel Macron arrives for an official diner with the French President Francois Hollande and Saudi Crown Prince and Defense Minister Salman bin Abdul-Aziz, at …
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 …
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
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: 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 …