France’s top court on Sunday approved a proposal for companies to pay 75 percent tax on annual salaries exceeding one million euros in line with President Francois Hollande’s drive to limit executive pay at a time of economic hardship. The… Read More ›
Constitutional Council of France
Taxes in France top 100% of Income
Sunday, 19 May 2013 More than 8,000 French households’ tax bills topped 100 percent of their income last year, the business newspaper Les Echos reported on Saturday, citing Finance Ministry data. The newspaper said that the exceptionally high level… Read More ›
French president finds loophole to impose 75% tax on rich
Saturday, 30 March 2013 The 75% super-tax on the mega-rich, which was rejected by France’s constitutional court might be imposed anyway. French President Francois Hollande suggests laying the burden on businesses rather than on individuals. In the interview with France… Read More ›
France’s High Court: 75% Tax is Unconstitutional
Sunday, 30 December 2012 France’s Constitutional Council on Saturday rejected a 75 percent upper income tax rate to be introduced in 2013 in a setback to Socialist President Francois Hollande’s push to make the rich contribute more to cutting the… Read More ›