Good news for foreign owners of French residential property. The government proposed new tax on non-residents of 20% of the base value used for the taxe fonciaire has been abandoned.
This plan met strong opposition on the grounds that it discriminated against non-residents. The opposition was supported by some French senators.
http://www.ft.com/intl/cms/s/2/9d791744-9dae-11e0-b30c-00144feabdc0.html#axzz1QTMeXucx
