7th February 2022
An influential government think-tank has recommended a complete overhaul of inheritance taxes.
According to the Conseil d'analyse économique (CAE), which is attached to the Prime Minister's office, France has become a "nation of heirs", due to the level of wealth accumulation that occurs through inheritance.
The authors state that inherited wealth now represents 60% of total wealth, compared to 35% in the early 1970s. That is a trend common to all developed countries, but which seems particularly strong in France.