France to impose bank bonus supertax

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FT.com / Europe - France to impose bank bonus supertax .

Just announced:

President Nicolas Sarkozy is to follow Britain and impose a one-off supertax onbonus pay-outs by banks operating in France.

The French government intends to include the tax in the budget bill currently going through parliament. It will be levied on bonus pay-outs over €27,000 and will be paid by the banks, bringing Paris in line with London. France and Britain want a similar one-off tax to be adopted across the EU.

Excellent.

Looks like very soon bankers will run but won't be able to hide.