PARIS—The French government unveiled Friday new measures to attract bankers to Paris after Brexit, pledging to cut taxes and labor costs and provide more international schools for expatriates’ families, as competition for London’s jobs heats up. French Prime Minister Édouard Philippe, at a Friday conference in Paris, said the government would scrap the highest bracket of its payroll tax, and cancel a planned extension of a tax on financial transactions. Some bonuses of traders and banking executives classified by the...
Source: Wall Street Journal July 07, 2017 19:07 UTC