Wealth Tax
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.
SA unveils new wealth tax to address ‘rampant inequality’
A committee set up to review South Africa’s tax system has revealed plans to introduce a new wealth tax as the country struggles to deal with extreme income inequality coupled with a dwindling tax base.
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.