Bernard Arnault, the wealthiest individual in France and Europe, along with his wife, has been ordered by a French court to pay approximately €22.5 million in back taxes and penalties. The assessment includes additional contributions for 2010 and wealth solidarity taxes for the years 2012 through 2015. Arnault's representatives have stated their intention to appeal the decision to the Council of State. AI
RANK_REASON Significant tax assessment against a high-profile individual. [lever_c_demoted from significant: ic=1 ai=0.0]
- AFP
- Bernard Arnault
- Bloomberg Billionaires Index
- France
- Luxembourg
- Paris administrative court of appeal
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