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Thread: Actor Renounces His Citizenship in Snit Over French Tax Burden

  1. #21
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    Re: Actor Renounces His Citizenship in Snit Over French Tax Burden

    Quote Originally Posted by Fisher View Post
    Because it is France and we cheer when somebody sticks it to them. Not sure why--WWII I guess. That is just how it is.
    That would be their constant failure to hold up their end of the alliance/friendship.

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    Re: Actor Renounces His Citizenship in Snit Over French Tax Burden

    Well I did not want to use RT sources, but this one has graphs to backup findings of US citizens renouncing their citizenship:

    https://www.youtube.com/watch?v=OfVH1GVeWIA

    This "renouncement of citizenship" issue may be more widespread trend ranging up to millions in USA according to that study. The young productive aged 25-35 people seem to be more at it, together with investors.

    Some renounce it, and some go to great extends to have it, like that guy that ate bugs to win the competition to get a green card in USA. Also there is the famous USA lottery.

    So a good question would then be: If some people renounce their citizenship and others want it, can not there be something that can be done for them to exchange their citizenship?

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    Re: Actor Renounces His Citizenship in Snit Over French Tax Burden

    Quote Originally Posted by jonny5 View Post
    Where does Gerard keep his wealth?
    That's a creepy government bureaucrat question.

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    Re: Actor Renounces His Citizenship in Snit Over French Tax Burden

    Quote Originally Posted by jonny5 View Post
    Where does Gerard keep his wealth?
    How the hell should I know... but I don't see him investing in business. Do you?

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    Re: Actor Renounces His Citizenship in Snit Over French Tax Burden

    Quote Originally Posted by DDD View Post
    Well I did not want to use RT sources, but this one has graphs to backup findings of US citizens renouncing their citizenship:

    https://www.youtube.com/watch?v=OfVH1GVeWIA

    This "renouncement of citizenship" issue may be more widespread trend ranging up to millions in USA according to that study. The young productive aged 25-35 people seem to be more at it, together with investors.

    Some renounce it, and some go to great extends to have it, like that guy that ate bugs to win the competition to get a green card in USA. Also there is the famous USA lottery.

    So a good question would then be: If some people renounce their citizenship and others want it, can not there be something that can be done for them to exchange their citizenship?
    Carbon credits but with citizenship? Interesting, but no. It seems that the US is a little more snotty about our citizenship rights than other countries, so it might not be a fair exchange for us.

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    Re: Actor Renounces His Citizenship in Snit Over French Tax Burden

    Quote Originally Posted by jonny5 View Post
    Where does Gerard keep his wealth?
    Quote Originally Posted by Rainman05 View Post
    How the hell should I know... but I don't see him investing in business. Do you?
    Hello, Google, My Old Friend.....

    The big cheese: The crazy life of Gérard Depardieu - Profiles - People - The Independent

    But acting is just one part of the Depardieu portfolio. Quite apart from the investments in Cuban oil fields (hence the Castro connection) and Romanian telecommunication and textiles industries, most famously he's a producer of wine, purchasing in 1989 the 13th-century Château de Tigné estate in Anjou, in the lower Loire valley of western France, which now annually produces 12 cuvées – 350,000 bottles. He's since expanded globally, co-owning a series of tiny estates in Argentina, Italy, Algeria, Morocco and Bordeaux with wine mogul Bernard Magrez. "I'm not passionate about wine-making," he stresses. "I'm passionate about the country. I know the people who grow my grapes."

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    Re: Actor Renounces His Citizenship in Snit Over French Tax Burden

    Quote Originally Posted by Fisher View Post
    Hello, Google, My Old Friend.....

    The big cheese: The crazy life of Gérard Depardieu - Profiles - People - The Independent

    But acting is just one part of the Depardieu portfolio. Quite apart from the investments in Cuban oil fields (hence the Castro connection) and Romanian telecommunication and textiles industries, most famously he's a producer of wine, purchasing in 1989 the 13th-century Château de Tigné estate in Anjou, in the lower Loire valley of western France, which now annually produces 12 cuvées – 350,000 bottles. He's since expanded globally, co-owning a series of tiny estates in Argentina, Italy, Algeria, Morocco and Bordeaux with wine mogul Bernard Magrez. "I'm not passionate about wine-making," he stresses. "I'm passionate about the country. I know the people who grow my grapes."
    Well, then I have to express my thanks for showing this to me. I was unaware of it. I also have to say that indeed, I was poorly informed on the man and made quick judgement calls in regard to him.

    While it is true that I respected Gerard more than most of the filth in holywood and MTV, his behavior in public life, drunk escapades have given me a bad image of him. After all, Vidocq is one of my favorite movies

    It brings me joy to see that indeed, he is a man of value and does have business sense. Then indeed, france did lose something of more value.

  8. #28
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    Re: Actor Renounces His Citizenship in Snit Over French Tax Burden

    Quote Originally Posted by PeteEU View Post
    Typical American media...

    He is NOT renouncing his citizenship LOL..

    He is moving country... huge difference...

    Plus it is sour grapes over his man Sarkozy lost the election. Also I doubt that he even earns so much that he will be hit by the 75% tax burden... after he pissed in the isle of a commercial plane in mid air.. his "star" has very much gone down in France and around the world.
    He turned in his French passport and French social security card. I suppose that means he really can't go back, unless he gets Belgium citizenship. Lawmakers in France are looking to add a new law stripping citizenship from those that do move abroad, so that really would force the issue.

    Its not so much the income tax that he is thumbing his nose at, its the "wealth tax", which is now imposed on in France on assets held with a combined value of 1.3million euros. This tax, along with capital gain taxes, are not levied in Belgium.

    Gérard Depardieu says he will give up French passport over tax rises | World news | guardian.co.uk

  9. #29
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    Re: Actor Renounces His Citizenship in Snit Over French Tax Burden

    Quote Originally Posted by Samhain View Post
    He turned in his French passport and French social security card.
    So what. Only means he cant leave the EU /shrug. He can still travel freely between France and Belgium.. and Germany, Spain, and most other places around Europe.

    And it is typical British media bias when it comes to anything about the EU.

    I suppose that means he really can't go back, unless he gets Belgium citizenship.
    Of course he can lol.

    Lawmakers in France are looking to add a new law stripping citizenship from those that do move abroad, so that really would force the issue.
    And it would not apply with in the EU.. where he is. And it would only apply in special situations of which this guy would not qualify. He aint rich enough.

    Its not so much the income tax that he is thumbing his nose at, its the "wealth tax", which is now imposed on in France on assets held with a combined value of 1.3million euros. This tax, along with capital gain taxes, are not levied in Belgium.
    LOL ...he is mad because his guy lost the election.

    Lets look at some facts on the two countries.

    Both have capital gains taxes. Belgium's varies (depending on how the captial gain was gotten) from 16.5% to 44%. In France it is 19.5% plus social charges.. and still it all varies depending on how the capital gain was gotten. Not that big a difference tbh.

    And in fact if he does not get the special expat treatment in Belgium (where only income gotten for work in Belgium is taxed in Belgium.. but there are a lot of rules on this part and since he will want to become resident in Belgium then it might not apply), then his taxes might actually go up. Why? well..

    In Belgium any income over 35k is taxed by 50%.

    In France any income over 69k is taxed by only 41%. Only income over 1 million Euros is taxed at 75%. I doubt that this fool makes a million a year and even if he did, then he would pay far more in Belgium on the under 1 million than in France.

    This is a right wing pr stunt not based on facts pure and simple.

    And for the record, I am against the 75% tax rate in France.. the idea is stupid but I do understand why they have done it. They should fix the tax system instead so the rich wont be able to avoid taxes.

    But that the right wing anti-tax movement are attempting to use this drunk has been French movie star who pisses on airplanes in front of people when he dont get his way... well frankly it is an utter failure.... someone should be doing their homework.
    PeteEU

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    Re: Actor Renounces His Citizenship in Snit Over French Tax Burden

    Yawn. So the French have rich skinflints too. What a revelation.

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