wealth tax

A wealth tax is a tax levied on an individual's or household’s net wealth, which is the total value of their assets (such as property, investments, and cash) minus liabilities (such as debts). It is typically assessed annually and is designed to target accumulated wealth rather than income or consumption.
  1. France Approves 1% Wealth Tax on Large Crypto Holdings

    France Approves 1% Wealth Tax on Large Crypto Holdings

    France Approves 1% Wealth Tax on Large Crypto Holdings The French National Assembly has approved a controversial amendment classifying cryptocurrency holdings above €2 million as “unproductive wealth,” subjecting them to a 1 percent annual tax. The measure marks one of the boldest regulatory...
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