Wealth Tax
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).
Expats in South Africa facing ‘turmoil’ ahead of tax hikes
Wealthy expats living in South Africa are set to be hit hard by sweeping tax increases set to be announced in the country’s budget later this month.
Spain under fire to harmonise tax regimes across regions
Pressure is mounting on the Spanish government to introduce a nationwide tax system to address “substantial tax disparities” between the country’s 17 autonomous regions.
Spain retains wealth tax quashing hopes of ‘promised abolition’
Spain has confirmed there will be no changes to income or wealth taxes in 2017, despite political instability in recent months giving hope that a controversial wealth tax would finally be lifted.
Portugal introduces wealth tax on properties over €600k
The Portuguese government has introduced a wealth tax on properties valued over €600,000 (£538,572, $660,108) in a move that could benefit thousands of British expats living in the EU-member state.