Wednesday, March 31, 2010

Despite the tax shield, the flight of taxpayers subject to the ISF continues




FINANCE - 821 people have left France in 2008 ...


The tax shield miss it effectively? The key measure of Nicolas Sarkozy, intended to avoid tax evasion is not working so well since according Lefigaro.fr, 821 taxpayers liable to pay the solidarity tax on wealth (ISF) left France in 2008, while 312 expatriates Tax revenues are.

In 2007, when the tax shield leveled specimens to 60% of revenues, 719 taxpayers had left France, less than in 2008 when he was however increased to 50% of revenues, says the site, says he figures obtained from the Department of Budget.

The flow of departures was however more important before the implementation of the shield in 2007, according to The Figaro.fr. Thus in 2006, 846 providers of ISF were exiled.

On the benefit of expatriate tax returns

In addition, 312 are expatriates tax revenues in France in 2008, against 246 in 2007, adds the site.

The tax shield, as emblematic of Nicolas Sarkozy, capping the tax at 50% of revenues, was decried by the left, but also by several personalities of the majority.

The government has always said he aimed to encourage the return of flight capital and discourage the departure of new taxpayers. But it did not provide for encrypted instant results.

"We have indications of trend," has merely stated recently the Minister of Economy Christine Lagarde. "There are many people who, when they return, do not tell us" Hi, I'm coming '".
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2 comments: on "Despite the tax shield, the flight of taxpayers subject to the ISF continues"

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