The French government has recently published the 2011 Amended Draft Finance Act. The significant changes to the legislation that may be applicable to expatriate employees and their employers include:

  1. Increase in the wealth tax rates,
  2. A new tax due by non-residents owning French real estate,
  3. Changes to the exit tax,
  4. Increase in inheritance and gift duties, and
  5. Clarification of the law on foreign trusts.