French wealth tax amendment to cover cars, jewellery and yachts
President Macron looks set to amend his French tax reforms after a key-ally said certain high value items should be covered in a reformed wealth tax.
France
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President Macron eases France’s wealth tax for 2018
France is replacing its widely encompassing wealth tax with a new one which is more narrowly focused on property-related assets in draft rules issued by its government.
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Has German election killed the European Spring?
Many fund managers dismissed the historical German election results as “insignificant for markets”, but they have failed to consider its impact on the status quo and the possible reversal of recent political trends.
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Hurdles to overcome for ‘unwary’ Britons retiring in the sun
One in ten UK residents over the age of 50 want to retire overseas, with Spain topping the list of the most popular destinations, but they must do their “homework” first.
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Positivity meets uncertainty in a global equities dilemma
Despite positive economic indicators, uncertainty over US interest rates, political risk and high valuations are casting shade on global equities, says Rory McPherson, head of investment strategy at Psigma.
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Hong Kong and France strike deal on mutual recognition of funds
Hong Kong’s Securities and Futures Commission (SFC) and France’s Autorité des Marchés Financiers (AMF) have signed a memorandum of understanding linking their mutual fund markets.
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France to push ahead with cuts to wealth tax
French president Emmanuel Macron has promised the government will press ahead with promised tax cuts overruling earlier suggestions by prime minister Edouard Phillippe that key campaign policies would be postponed until 2019 as France struggles to contain its public deficit.
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France delays tax cuts until 2019 as austerity bites
French prime minister Edouard Philippe has announced that the government will have to delay planned tax cuts until 2019 due to the poor state of the country’s finances.
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French justice minister calls for end to Qatari tax breaks
France’s justice minister Francois Bayrou has said France should end tax breaks to Qatari investors on property deals, just days after several Arab countries severed ties with the Gulf Arab state.
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What Macron’s win means for taxation in France
France’s newly elected president Emmanuel Macron unveiled a slew of proposals during his campaign to combat the country’s 10% unemployment rate and sluggish economic growth. Here we take a look at his plans for tax and spending cuts, public sector job losses and a €50bn (£42.3bn, $54.9bn) stimulus package.
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Portugal a ‘dark horse’ for IFAs but avoid France
Advisers looking to set up in Europe should avoid France and consider Portugal, a panel of industry experts said at International Adviser’s London event on Wednesday.
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Markets celebrate Macron victory in French elections
Equity markets have welcomed Emmanuel Macron’s resounding victory in the first round of the French presidential elections. The euro also rallied, while peripheral bond yields collapsed.