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LATEST UPDATE: 01/11/2013
- ECONOMY (/EN/CATEGORY/TAGS-POUR-LES-ARTICLES/ECONOMY) - FOOTBALL (/EN/CATEGORY/TAGS-POUR-LES-ARTICLES/FOOTBALL-0) - FRANCE
(/EN/CATEGORY/TAGS-POUR-LES-ARTICLES/FRANCE-0) - FRANÇOIS HOLLANDE (/EN/CATEGORY/TAGS-TH%C3%A9MATIQUES/FRAN%C3%A7OIS-HOLLANDE) FRENCH ECONOMY (/EN/CATEGORY/TAGS-THEMATIQUES/FRENCH-ECONOMY) - LIGUE 1 (/EN/CATEGORY/TAGS-THEMATIQUES/LIGUE-1) - TAXES
Hollande refuses to exempt footballers from 75% tax
French President François Hollande said on Thursday that he would not exempt professional football players from a proposed 75 percent income tax, prompting the country’s top clubs to state that the planned November strike would now go ahead.
By FRANCE 24 (/en/category/tags-auteurs/france-24)
French President François Hollande (http://w w w .france24.com/en/category/tags-th%C3%A9matiques/fran%C3%A7oishollande?page=1)
showed football clubs the red card on Thursday in the face of protests over plans to
impose a 75 percent tax (http://w w w .france24.com/en/20131024-france-top-football-clubs-go-strike-over-75-percent-tax) on earnings over one million euros a year.
The Socialist president refused to budge on the issue after meeting the chiefs of some of the country’s top tier football clubs (http://w w w .france24.com/en/category/tags-thematiques/ligue-1) earlier in the day, who have threatened to strike over the tax. The Union of Professional Football Clubs (UCPF), which represents France’s first and second division teams, stated that they would now go ahead with plans to strike at the end of November in response to Hollande’s position.
The UCPF has argued…