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Capital gains tax cuts announced – details

|Proposed Changes|France
France

On 29 April 2013, the President announced that a new tax regime on capital gains will be implemented. To encourage entrepreneurships, the government will simplify the different existing regimes.

Since 1 January 2013, occasional capital gains on shares, bonds and similar securities are generally subject to income tax at the progressive rates (see France-2, News 3 October 2012). However, cap…

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