Less Households Pay Tax

New figures just released show that less than half of households paid income tax last year. Only 47.5% of households paid tax as opposed to 2013 when 52.3% paid. This is linked to a declining number of paying households overall despite numbers of actual households in France going up with 17.6million households paid income tax, …

France: green light for first quarter growth

The indicators published this week in France suggest that the country has started the year on a robust growth rate, but economists remain cautious, waiting for investment and jobs take off. The indicators published this week in France suggest that the country has started the year on a robust growth rate, but economists remain cautious, …

Louis Gallois is opposed to the arrival of “mini-jobs” in France

Louis Gallois, Chairman of the Supervisory Board of PSA Peugeot-Citroën, … Louis Gallois, Chairman of the Supervisory Board of PSA Peugeot-Citroën, said yesterday, Saturday that he was not favourable to the importation into France of “mini-jobs”, these low-paying jobs to direct the unemployed to return in the world of work. “There is a dignity in …

Lower Gas Prices in May

Regulated gas tariffs applied by GDF Suez to more than 7 million French households, will decline by 1.16% on average (excluding taxes) on 1 May. The decline will be 1.2% for households that heat with gas, 0.4% for those who use gas only for cooking and 0.8% for those who use it for both uses, …

Nina Ricci heiress jailed for fraud

The heiress of the fashion and perfume house Nina Ricci was sentenced Monday to three years in prison, two of which were suspended, a one million euro fine and the consfiscation of two properties for tax fraud. Arlette Ricci, the heiress of the famous fashion house is one of the first to be charged and …

French Prefer Cash

ECONOMY: This is the most common method of payment … To pay, the French prefer cash Despite the development and widespread acceptance in the shops of contactless payment, supposed to revolutionize the way of payment, cash remains one of the preferred transaction methods of the French, according to an Ifop poll for the CIT company Brink’s …