FRENCH WEALTH TAX WILL NOT MAKE BUSINESSES FLEE FRANCE, GOVERNMENT INSISTS
November 11th, 2024
French government plans for special “exceptional and temporary” taxes on the highest earning individuals and companies with the largest turnover will not make those targeted flee France, an aide close to budget minister Laurent Saint-Martin stressed to Accounting & Business.
The draft budget law (PLF) 2025 (1) was unveiled on October 10 by Saint-Martin (a member of the Rennaissance centrist bloc backing President Emmanuel Macron) and finance minister Antoine Armand (also from Rennaissance) before the French lower house of parliament, the National ...
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