The Budget Minister of France has confirmed that there are no plans to change regulated home buyers savings account (PEL savings account). This measure enables individuals to earn tax free interest earned up to a period of 12 years, and offers savers loans at a favourable interest rate; it may also enable them to earn a Government bonus of between EUR1,000 and EUR1,500. There may however be a review of the bonus scheme, interest rates and possible the existing PEL investable maximum of EUR 61,200.
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Transfer Pricing Brief: December 2013
Transfer Pricing Brief: December 2013
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