Still better would be to tax the recipient 75% of the bonus.
President Nicolas Sarkozy is to follow Britain’s lead and impose a one-off tax on bonus pay-outs by banks operating in France.
The French government is still working out the details, but intends to bring Paris in line with London by forcing banks to pay 50 per cent in tax on bonus pay-outs for 2009 above €27,000.
http://www.ft.com/cms/s/0/05b1bb70-e570-11de-81b4-00144feab49a.html
