#1 France’s Hollande Gets Court Approval for 75% Millionaire Tax by Eglman 29.12.2013 18:46

avatar

French President Francois Hollande received approval from the country’s constitutional court to proceed with his plan to tax salaries above 1 million euros at 75 percent for this year and next.

Under Hollande’s proposal, companies will have to pay a 50 percent duty on wages above 1 million euros ($1.4 million). In combination with other taxes and social charges, the rate will amount to 75 percent of salaries above the threshold, the court wrote in a decision published today.

Snip-

Read more:http://www.bloomberg.com/news/2013-12-29...onaire-tax.html

#2 RE: France’s Hollande Gets Court Approval for 75% Millionaire Tax by algernonpj 29.12.2013 18:54

avatar

I wonder if this will affect all those citizens of the world who have homes in France because it is such a civilized nation.

Xobor Create your own Forum with Xobor