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Wednesday, December 12, 2012

"I find this quite shabby... All that just to avoid paying tax."

Gerard Depardieu moves to Belgium.
Belgian residents do not pay wealth tax, which in France applies to individuals with assets above 1.3m euros (£1m; $1.7m), starting at a rate of 0.25%. Nor do they pay capital gains tax on share sales.

Next year, the top rate of income tax in France is due to become 75% on earnings above 1m euros. It is currently 50% in Belgium.

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