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FUBAR
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French Government Hikes Gold Taxes

- Philippe Herlin - GoldBroker

Let them eat fiat...

Commented 3955 days ago

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Beginning of the headline :Bad news. Well, it had to be expected, because this government (and the former one) keeps rising taxes of all sorts; one couldn’t hope for gold to escape them. The amounts involved are extremely small but, as far as the symbol goes, gold could not go through the net’s mesh. Starting January first, the length of holding time necessary for total exoneration from taxes on plus-value has gone from 12 to 22 years. The 10%-a-year allowance after the second year thus becomes a 5%-a-year one. The tax on... Read More

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