France's highest court has approved a 75% tax on high earners that is one of President Francois Hollande's signature policies.
http://www.bbc.co.uk/news/business-25541739
so is there any players still worth having in France!
and if so who?
France's 75% tax
posted on 29/12/13
so if they pay the player more what will that do to fair play
posted on 29/12/13
Could they not just use the Beckham method of tax avoidance and be paid in shirt sales/merchandise which carries a far smaller tax burden?
posted on 29/12/13
Eloquent Forbearance @The_Beck_ 7h
16 days ago, the French government performed a u-turn and exempted Monaco from paying the 75 percent tax, but other clubs are furious.
posted on 29/12/13
Barf Vader the tax is back dated so that's to late
posted on 29/12/13
If Monaco players continue to be exempt from paying the taxes other club players are subject to in the French league then expect the club to start to dominate domestically for the foreseeable future.
posted on 29/12/13
The tax is paid by the company (the club) and it is capped at 5% of their revenue.
posted on 29/12/13
The tax is paid by the company, i.e. the clubs in the case of footballers and not the players themselves. PSG can definitely afford it so it's not like there will suddenly be a bunch of their players on the market. This will probably screw over some of the middle ranked clubs who are trying to compete by paying a couple of players those kind of salaries. It's not really a good thing for the competitiveness of that leave but it's only temporary I think.
posted on 29/12/13
*league
posted on 29/12/13
Surely they'll have a Beckham law in place?
posted on 29/12/13
The government have specified that footballers will come under the new law so no it doesn't look like it.