Towards the euro-compatibility of French social surtaxes on investment income

In order to make the French social surtaxes levied on investment income euro-compliant, the State secretary for the Budget has announced last week that the Social security financing Act for 2016 would change their affectation in the French budget. He also confirmed that the necessary steps had been taken to ensure the refund of additional social taxes unduly levied in the past.

 

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