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French second home tax: over 1,600 communes opt for additional levy
Communes classified as facing housing shortage can opt for surcharge of up to 60%
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MPs vote to replace France’s property wealth tax with ‘unproductive wealth’ levy
France’s proposed ‘unproductive wealth’ tax - part of ongoing 2026 budget talks - would cover assets such as art, jewellery and some assurance vie policies
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Interview: Gabriel Zucman on France’s ‘Zucman tax’
Economist says idea is not to make the rich pay more than the rest of the population but rather to ensure they cannot pay less
Livret A takes in €3.58 billion
The Livret A tax-free savings plan is back in favour with savers taking in €3.58 billion in January
This is a turnaround from last year when investments fell as the state froze interest rates at 0.75% for two years. Falling rates for assurance vie have boosted the Livret A with the fund now standing at a record €275.4 billion invested.
