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31 May 2012
Frankfurt am Main, Germany
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- Property Debt Breakfast
20 June 2012
London
France adopts controversial Grand Paris capital gains tax
Both houses of the French parliament have now approved a controversial capital gains tax designed to help fund the massive Grand Paris project that includes construction of 140km figure-eight automated metro line linking the main business and residential areas of the French capital, and to establish the Société du Grand Paris to oversee the new infrastructure. Real estate groups have objected to the tax, saying it would hinder incoming investment.