On June 16 of 2014 the Ministry of Finance confirmed that the initial public offerings (IPOs) of smaller company’s investment will be cut from the capital gain tax by 15% and the capital gains tax will not have an effect on infrastructure debentures issued from now to 2020.The exchange-traded funds (ETFs) will get advantage from reduction of capital gains tax on investments will from 15% to 25%.
France: Planning of Tax Cuts By 2017
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