• Type: Publication series
  • Date: 7/9/2012

France – Significant Tax Hikes Ahead 

FIDAL Direction Internationale in France reports that the second draft Amended Finance Act for 2012 was adopted by the French Cabinet and will be submitted to the newly-elected Parliament in the coming days – with passage expected in late July/early August 2012. Measures that will impact individuals include an increase in the tax on stock options and free shares, an increase in the lump sum social contribution on certain profit sharing payments, a wealth tax surcharge, and social security charges to nonresidents for certain real estate income and capital gains.

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