Keyword: Belgium

French PM slams flight of the 'greedy rich'

Jean-Marc Ayrault attacks wealthy citizens fleeing France's punitive tax on high incomes as greedy profiteers seeking to "become even richer".

Depardieu bids ‘adieu’ to France to avoid taxes

Leading actor Gérard Depardieu has set up his home in a Belgian town straddling the French border, a local mayor has confirmed.

Gerard Depardieu flees French wealth tax

The actor, who has bought a home in Belgium, is latest rich Frenchman to flee his country and the wealth taxes levied by President Hollande.

The Belgian tax drain sucking French rich north


The tax-avoiding attraction of Belgium for the French rich is nothing new. But since the arrival of France’s socialist president, François Hollande, who has announced a 75% tax on those earning an annual 1 million euros or more, the country’s wealthy have begun pointing north. While speculation continues to surround the motivations of Bernard Arnault, founder and chief executive of French luxury goods group LVMH and France’s richest individual, in applying for Belgian nationality, the controversy has fuelled a lively debate in Belgium itself over the country’s growing status as a semi-tax haven. Mediapart’s Brussels correspondent Ludovic Lamant reports on the rich figures of a tax-avoiding exodus that, continent-wide, is estimated to annually cost European states 150 billion euros.

French tycoons clash over rich tax and rude headline

Baron Rothschild, owner of French daily Libération, defends crude headline attacking LVMH boss Bernard Arnault for seeking Belgian nationality.

Let Belgium's Walloons join France, says Front National leader

French far-right leader Marine Le Pen says France could adopt francophone Belgium as a French region as a solution to Brussels' political crisis.