Wealth Tax
Best Practice | 15 Jan 18
French wealth tax restricted to real estate
French residents no longer have to pay a wealth tax on savings and investment income, after sweeping tax reforms came into effect limiting it to real estate.
Finance minister floats Singapore wealth tax
Singapore’s rich could face a tax on their privately-held wealth if the city-state’s finance minister follows through on an off-the-cuff remark he made on Thursday, but analysts are worried it could negatively impact Singapore’s reputation.
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.
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.
Spain bows to pressure to introduce nationwide tax rates
Spain has unveiled plans to reform its nationwide tax system amid mounting pressure on the government to address “substantial tax disparities” between the country’s 17 autonomous regions.