Business Taxation in France: the discontent of the LMVH boss, Bernard Arnault

Business Taxation in France the discontent of the LMVH boss

Luxury giants fell clearly on the Paris Stock Exchange this Wednesday after disappointing LVMH performances, the world leader in the sector. The firm unveiled its annual results last night, and its boss, Bernard Arnault, took the opportunity to criticize the draft budget of the French government. A particular measure is displeasing the multimillionaire: that of significantly increasing taxes on large companies.

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