1-5-2013
http://finance.yahoo.com/news/wealthy-may-defer-income-curb-231836567.html
Wealthy may defer income, curb some spending after U.S. cliff deal
With the fiscal cliff avoided and U.S. tax rates rising for higher income households, financial advisers have gone into overdrive to help their clients mitigate the negative effects while trying to benefit from the greater clarity.
For those living beyond their means or close to it, such a tax rise could force them to cut spending by selling a holiday home or a yacht or curb dining out at expensive restaurants.
To feel comfortable, they may need to trim spending, alter investments or, in the worst case, sell one of two properties they own on Nantucket island in Massachusetts
12-10-2012
http://homes.yahoo.com/news/is-this-your-chance-to-pick-up-a-chateau-on-the-cheap--190653964.html
Is this your chance to pick up a chateau on the cheap?
The French are fleeing. A spate of proposed tax hikes is leading hundreds of wealthy French to consider leaving the country and putting their homes on the market, real-estate agents say. The result: the best opportunity in years for foreigners to buy a Parisian pied-à-terre or country château.
Flush French are fleeing the new government's attempts to repair France's public finances by increasing taxes on salaries, capital gains and household wealth. Among the controversial proposals in the 2013 draft budget is a 75% tax rate on salaries higher than $1.3 million, up from less than 50% currently.
12-11-2012
http://news.yahoo.com/french-star-depardieu-moves-lower-tax-belgium-123308352.html
French star Depardieu moves to lower-tax Belgium
A Belgian mayor says famed French actor Gerard Depardieu has bought a home and set up legal residence in his small town, lured by the food, the people, the lifestyle and lower tax rates than back home.
The Socialist government under French President Francois Hollande has infuriated many ultra-rich in France by presenting a 2013 budget that would tax top earners at 75 percent over the first 1 million of annual income. Belgium's top rate is 50 percent.
Mayor Daniel Senesael of Nechin, about a kilometer inside Belgium near the French city of Lille
http://finance.yahoo.com/news/wealthy-may-defer-income-curb-231836567.html
Wealthy may defer income, curb some spending after U.S. cliff deal
With the fiscal cliff avoided and U.S. tax rates rising for higher income households, financial advisers have gone into overdrive to help their clients mitigate the negative effects while trying to benefit from the greater clarity.
For those living beyond their means or close to it, such a tax rise could force them to cut spending by selling a holiday home or a yacht or curb dining out at expensive restaurants.
To feel comfortable, they may need to trim spending, alter investments or, in the worst case, sell one of two properties they own on Nantucket island in Massachusetts
12-10-2012
http://homes.yahoo.com/news/is-this-your-chance-to-pick-up-a-chateau-on-the-cheap--190653964.html
Is this your chance to pick up a chateau on the cheap?
The French are fleeing. A spate of proposed tax hikes is leading hundreds of wealthy French to consider leaving the country and putting their homes on the market, real-estate agents say. The result: the best opportunity in years for foreigners to buy a Parisian pied-à-terre or country château.
Flush French are fleeing the new government's attempts to repair France's public finances by increasing taxes on salaries, capital gains and household wealth. Among the controversial proposals in the 2013 draft budget is a 75% tax rate on salaries higher than $1.3 million, up from less than 50% currently.
12-11-2012
http://news.yahoo.com/french-star-depardieu-moves-lower-tax-belgium-123308352.html
French star Depardieu moves to lower-tax Belgium
A Belgian mayor says famed French actor Gerard Depardieu has bought a home and set up legal residence in his small town, lured by the food, the people, the lifestyle and lower tax rates than back home.
The Socialist government under French President Francois Hollande has infuriated many ultra-rich in France by presenting a 2013 budget that would tax top earners at 75 percent over the first 1 million of annual income. Belgium's top rate is 50 percent.
Mayor Daniel Senesael of Nechin, about a kilometer inside Belgium near the French city of Lille
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