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RE: LeoThread 2024-11-21 08:32

in LeoFinance3 months ago

Part 3/8:

The Mechanics of the Proposed Tax System

The proposed French amendment outlines a structured system that would compel citizens who have lived in France for at least three years in the last decade to maintain tax obligations equivalent to their hypothetical French tax burden, despite their current residence. While the amendment includes a tax credit mechanism for French citizens living abroad, which would match any taxes already paid in their country of residence, its execution bears troubling implications.