EU Member to Tax its Citizens Worldwide?

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In this video, we cover the proposal of France's Finance Committee to tax French citizens abroad if they have lived in France for three of the past 10 years and now live in a country with a tax rate at least 50% lower than France's. Mr. Hendersons explains what potential exemptions there may be from the rule, as well as how France may make it difficult to get out of its tax net. Additionally, Mr. Henderson discusses how this move is part of a broader trend to prevent tax-driven relocations.

00:00 French Move Toward Citizenship-Based Taxation
01:40 Backdoor Tax vs. US-Style Taxation on Citizens
02:10 Specific French Tax Proposal
06:00 Forecasting Tax Policy Changes
09:18 Second Passports and Citizenship Options

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