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This was quite public, as it is one of the proposals in the report by Dominique Strauss-Kahn to Ségolène Royal on tax policy. He proposes to set up a tax on French expatriates that have moved all their capital outside of France.

I have not yet found a lot of details, but considering that this is what the US does (taxing all citizens, even when abroad), I fail to see how our expatriates should complain. The key, of course, is the offset with local taxes - if you left France to go to a low tax jursdiction, you will lose out; if you went to a "normal" country (and remember that France has one of the lowest income tax burden of all industrialised countries * ), there should be no impact.

* note: I'm talking about income tax, not overall taxation, of course.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Sun Feb 11th, 2007 at 06:08:39 PM EST
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