Brussels, 29/10/2010 (Agence Europe) - On Thursday 28 October 2010, the European Commission opened infringement proceedings against the French “tax shield” on the grounds that it discriminates against people who are not registered for tax purposes in France even though they receive most of their income and are mainly taxed in France. The upper limit on the French capital gains tax (ISF) is also criticised to ensure that the total of the ISF and income tax does not exceed 85% of new...