The French government has started monitoring the country's richest people The French administration has stated that it will give reli...
The French government has started monitoring the country's richest people
The French administration has stated that it will give relief to the middle class while announcing severe measures to collect taxes from wealthy and foreign corporations.
According to Gabriel Attal, the French Minister of Poverty Alleviation, the plan's goal is to exert pressure on wealthy individuals and multinational corporations while making accommodations for the underprivileged in order to give them a chance to breathe.
The government's strategy to combat the corruption issue that has crept into the tax industry includes the new system.
Many French workers, according to the minister, pay taxes, but the corruption issue has a negative impact on them.
The amount of money lost by the French government as a result of the corruption issue that has affected the tax industry has been estimated by experts to be between 30 billion and 100 billion euros.
The minister outlined the government's strategy for resolving this issue, which involves stepping up efforts to estimate the tax revenue from expensive homes by the end of President Emmanuel Macron's five-year term.
By the year 2027, an additional 1,500 staff will be hired to help with tax payment assessment.
Anyone found guilty will face severe punishment from the government, including the freezing of overseas accounts and other measures.
