News In Brief

Ticker

French court approves Hollande's 75% millionaire tax

30.12.13 @ 09:33

  1. By EUOBSERVER

The French constitutional court announced Sunday its approval of President Hollande's plans to tax salaries above €1 million at 75%. The Economy Ministry said in a statement that the tax was to be seen as an extra "effort of solidarity on remuneration paid in 2013 and 2014."

COMMENTS

EUobserver encourages comments that contribute to an intelligent debate. It reserves the right to delete comments which it deems abusive or which incite hatred. For questions about any aspect of community participation, please write to mm@euobserver.com.

View comments