France's richest man ends Belgian move after tax furore


PARIS (Reuters) - Bernard Arnault, France's richest man, has abandoned attempts to obtain Belgian nationality and will keep paying tax in his native country after months of speculation that he, like movie star Gerard Depardieu, wanted to dodge a 75-percent supertax.

The head of the LVMH luxury goods empire, whose citizenship request looked doomed, announced his decision in a newspaper interview, saying he had never intended to flee the taxman.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Russia detains deputy of defence minister Shoigu for corruption
Australia’s top spy urges big tech to unravel encrypted chats
74-year-old accused of robbing bank at gunpoint may have been victim of scam, US cops say
Americans’ new TV habit: Subscribe. Watch. Cancel. Repeat.
Google postpones phasing out of ad cookies in Chrome browser
Russian attack injures six people in Ukraine's Kharkiv, governor says
Prabowo vows to fight for all Indonesians, calls for unity among political elites
Russian priest presiding over Navalny's memorial suspended from duties
These apps allow US workers to get paid between paychecks. Experts say there are steep costs
Cyberattacks are on the rise, and that includes small businesses. Here’s what to know

Others Also Read