Better news on investment income and wealth in France

How President Macron's tax reforms look set to lead to cuts

Over recent years I have had to write quite a few articles about tax reforms; reforms that usually led to higher taxes. So it makes a refreshing change to write about tax cuts this time.
For general income (employment, pensions etc) taxation will remain pretty much the same as this year, but 2018 will see significant changes to how investment income and wealth are taxed.

President Macron released his first budget at the end of September, which followed up on the tax promises made in his electoral campaign.

As always in France, the budget takes a few months to be debated and pass through parliament. In fact, the Constitution states that 70 days have to elapse between the budget being proposed and approved. So, nothing is certain until it is approved towards the end of the year. There may be changes to the reforms I outline below, but since Mr Macron’s party has a majority in the Assemblée ...

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