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31 May 2012
Frankfurt am Main, Germany
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20 June 2012
London
French parliament backs property tax outside Paris
The French National Assembly parliament has approved a draft law to introduce a new capital gains tax on property benefiting from transport infrastructure investment beyond the Paris Ile-de-France region. The plan mirrors a proposal for a 15% tax within the region to finance the Grand Paris urban renewal plan, which has provoked angry reaction from the real estate sector.