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Emmanuel Macron’s efforts to curb tax evasion in France have been branded “pathetic” by lawmakers.<\/p>\n
French MP Charlotte Leduc, has criticised the French Government’s “pathetic measures” to combat tax fraud as part of a parliamentary investigation led by the left-wing France Insoumise party.<\/p>\n
Leduc wrote on X that currently, French officials are only able to recover \u20ac15 billion from a total of \u20ac80 to \u20ac120 billion owed in taxes.<\/p>\n
Her report demands Macron make France a leader in international “tax diplomacy” presenting the issue as “a question of political will”.<\/p>\n
The report penned by Investigators reports that: “The results of tax inspections remain mediocre, and the staff and resources allocated to this task are still inadequate.”<\/p>\n
READ MORE: <\/strong> Barnier makes bombshell immigration admission to ‘shield’ France from EU<\/strong><\/p>\n The report calls for a hike in corporation tax from the current level of 15 per cent to 25 per cent.<\/p>\n On a wealth tax targetting billionaires, the French MPs called for legislation to be brought forward to bring France in line with the European rate of two per cent.<\/p>\n It also advocates for a tougher stance on tax havens and tougher measures against “transfer pricing”, cross-border transactions between subsidiaries of multinationals designed to seemingly reduce profits and avoid tax.<\/p>\n Don’t miss… <\/strong> Meanwhile Macron has reportedly imposed a major hike in council tax fees for British citizens who own second houses in France, potentially exceeding 60 per cent.<\/p>\n Post-Brexit laws that limit British property owners’ stay period without a visa have already impacted British property owners in European Union countries.<\/p>\n This latest French government decision has been labelled a “double whammy” for those affected since it coincides with the increased tax rates, a move that has been labelled “galling” by a number of the 86,000 British households who enjoy a second home in France.<\/p>\n <\/p>\n
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