French Finance Minister Christine Lagarde says France is to introduce a tax on bankers’ bonuses similar to the one introduced in the UK.
Any bonus above 27,000 euros ($39,000; Ã‚Â£24,000) will be taxed at a rate of 50% on payments given out in 2010.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.