IN an over the top article the Daily Mail highlights the French tax that can fall upon assets worth over €732,000 (£505,000).
Whilst the facts are almost correct about the impot de solidarite sur la fortune (ISF), to say that Brits are being targeted is a touch disingenuous as there will be many French people hit by the tax due to rising property prices.
One of the largest groups affected are older people who have owned Paris apartments for most of their working lives.
And lets face it, if you are looking to live in a low tax country then France might not be your best choice, but money has to be found for the health service, leisure centres and social facilities – often one of the biggest draws for people.
L’ impot de solidarite sur la fortune
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