Issue 007: 1st March 2007
Welcome to the latest issue of the IFP Newsletter. In the light of recent stock market falls, investors are understandably cautious about putting their money into financial investments, but what's the alternative? Yet again bricks and mortar in Paris would be a good bet, according to a major Euro-wide report on real estate investment. You can read more in our article on Top European City Investments
Paris has come out the top performing property investment market in Europe, according to a recent report published by PricewaterhouseCoopers and the Urban Land Institute.
Paris Top Capital
A legal wrangle has broken out between the two largest ski schools on the French slopes over accusations of unfair competition.
The population of mainland France is set to rise to 70 million by 2050, up from 60.7 million in 2005, according to a recent study by the French national statistical agency, INSEE.
The official system of ranking wines from the Medoc near Bordeaux have been thrown into disarray by a recent court decision that has questioned the impartially of the whole process.
The French government has announced its intention to introduce pay as you earn tax collection with effect from 2009.
France is the only country in the OECD not to have income tax deducted at source for employees, as a result of which, everyone pays their income tax a year in arrears.
This makes the system one of the most expensive in the world to administer.
An increasing number of international buyers are now choosing to buy building land in France on which to construct a new home.
If you choose to do so, then you will benefit in law from a high level of consumer protection, but you need to ensure you go about it in the right way.