France
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.
Best Practice | 3 May 17
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.
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.
French presidential candidate wants a 100% tax on the rich
Jean-Luc Melenchon, a far-left candidate backed by the French Communist Party, has said he would introduce a 100% tax on income above €400,000 (£428,800, $425,000).
How French succession law works
While there are many benefits to living in France, estate planning is not one of them, explains Jason Porter, director of European IFA firm Blevins Franks. After taking a look at succession tax last week, this week he breaks down succession laws that are complex, and which many feel are unfair.