Famed French actor and filmmaker Gerard Depardieu has reportedly taken up legal residence in a small town in Belgium, seeking good food, nice people, and, you guessed it, lower tax rates.
Led by President Francois Hollande, the Socialist French government has a proposed a budget for 2013 that would tax top income earners at 75 percent after the first €1 million of annual income. Alternatively, Belgium’s top tax rate is 50 percent.
The mayor of Monsieur Depardieu’s new hometown of Nechin, just inside Belgium, adds, “his reasons were also other than those about taxes,” RTL radio reported.
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