Sph Website
 
THE AWARD-WINNING WEBSITE: BEST IN ONLINE MEDIA (GOLD) - WAN-IFRA ASIA DIGITAL MEDIA AWARDS 2012
Singapore weather
25 °C
 -
32°C
 

Putin makes French film star Depardieu a Russian

 
Published on Jan 04, 2013
6:29 AM
French actor Gerard Depardieu (second, left) speaks with Vladimir Putin (second, right), then Russian Prime Minister, during a meeting in St.Petersburg in this Dec 11, 2010 file photo. Mr Putin has granted citizenship to Mr Depardieu whose decision to quit his homeland to avoid a tax hike prompted accusations of national betrayal. -- PHOTO: REUTERS

MOSCOW (REUTERS) - Russian President Vladimir Putin has granted citizenship to Gerard Depardieu, the French movie star whose decision to quit his homeland to avoid a tax hike prompted accusations of national betrayal.

The "Cyrano de Bergerac" and "Green Card" actor bought a house across the border in Belgium last year to avoid a new tax rate for millionaires planned by France's Socialist President Francois Hollande, but said he could also seek tax exile elsewhere.

Mr Putin said last month that Mr Depardieu would be welcome in Russia, which has a flat income tax rate of 13 per cent, compared to the 75 per cent on income over 1 million euros (S$1.62 million) that Hollande wants to levy in France.

French Prime Minister Jean-Marc Ayrault called Mr Depardieu's decision to seek Belgian residency "pathetic" and unpatriotic at a time when the French are being asked to pay higher taxes to reduce a bloated national debt.

TO READ THE FULL STORY...

 
comments powered by Disqus