Wednesday, October 23, 2013

Number of tax payers quitting France rockets...

The number of French tax payers quitting France has shot up by 62 percent according to the latest figures released from the French finance ministry at Bercy this week.

The figures, which were handed over to the Senate’s finance committee, revealed that 35,077 French nationals had upped sticks for foreign climes in 2011 – the most recent year for which figures are available.

That number represents a 62 percent rise on 2010, when 25,473 tax-paying French citizens left the country.

"The departure of tax payers represents a loss of confidence and even a rejection of France," said the senate committee's Philippe Marini, from the opposition UMP party, who had requested the figures.

 Among those who emigrated from France, most were of the younger generations with 37 percent aged under 30, and 24 percent aged between 31 and 40. Full story...

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