Tag: France government

Emmanuel Macron Beats Marine Le Pen For French Presidency

Emmanuel Macron was elected as the next president of France on Sunday, handily defeating far-right populist Marine Le Pen with around 65 percent of the vote, according to preliminary results. Macron’s campaign was thrown into chaos late Friday when it announced just before a moratorium on campaigning that it was the victim of a cyberattack.…

Macron, Le Pen Advance To 2nd Round In French Election

Centrist independent Emmanuel Macron led the first round of France’s presidential election on Sunday, and will face far-right leader Marine Le Pen in a May 7 runoff. With nearly all of the ballots counted, Macron led the 11-candidate field with just under 24 percent of the vote, followed by Le Pen with 21.4 percent. The…

Constitutional Council To Tax Millionaires 75% In France

France’s Constitutional Council gave the green light on Sunday to a ‘millionaire’s tax’, to be levied on companies that pay salaries of more than 1 million euros (S$1.75 million) a year. The measure, introduced in line with a pledge by President Francois Hollande to make the rich do more to pull France out of crisis,…

Depardieu, In Tax Fight, Gets Russian Citizenship

Bad news if you want to be adopted by an American couple, Gerard. Russian president Vladimir Putin announced Thursday that actor Gerard Depardieu had been given Russian citizenship. The actor moved to Belgium in December to avoid paying France’s high tax rates, which almost went up to 75 percent for the country’s richest citizens. ITV