France’s prime minister has promised income tax breaks and a “one-stop shop” approach for UK-based executives and companies looking to move operations to Paris after Britain’s vote to leave the EU.
Manuel Valls said executives moving to France would be able to enjoy income tax breaks of up to 50 per cent and exclude their foreign properties from the calculation of wealth tax for eight years, up from five years.
The government will also create a single point of contact to provide guidance on everything from taxes, office and residential space to international schools.
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