13,335 millionaires in France paid ZERO income tax in 2024.

The system is broken.

It’s time for a UN Tax Convention to make the super-rich pay their fair share and fund climate action. #TaxTheSuperRich

@greenpeace @rachel I don't understand how they do it. I mean, there *are* taxes. I get that these people have a lot of wealth wrapped up in assets, but sooner or later the money has to come out of a business and into somebody's personal finances to be spent. Dividends are taxed at 30%, how are they not at least paying that? Do they live in France, or are we talking about millionaires with French assets?
@greg_harvey @greenpeace you make the business in France, let’s say, run at a loss by having it buy “consultancy services” from your company in another country. Then, that other business runs a trust that pays for things you need. You never see the actual money, just the benefits.
@rachel @greenpeace Don't get me wrong, I'm sure they're paying far less tax than you or I, and I absolutely think they should be taxed the shit out of, but I just don't see how a FRENCH millionaire can pay zero tax. Like actually ZERO. Because even trusts held abroad are taxable with a fine of €20,000 per offence if you fail to declare them. 🤷