• producing a set of measures to attract financial business due to Brexit
  • Paris has great potential
  • will cancel planned extension of tax on share trading to intra-day trading
  • will review on a case-by-case basis those French laws that go beyond the EU financial regulations they implement
  • EU financial rules will in the future be implemented in France without additional constraints, to ensure fair level playing field across single market
  • plans to scrap highest bracket of payroll tax for firms like banks that do not pay VAT
  • bankers bonuses will no longer be taken into account when labour courts calculate unfiar dismissal compensation

France out the blocks post-election in the bid to secure any spoils of Brexit fallout. Given the latest French-German alliance/initiatives then we must guess that these plans have been run past Merkel & Co. A joint share of the spoils perhaps?

http://www.forexlive.com…   Fri.,  07  July 2017