Tax
Editorial writing on Tax from The Family Office Almanac.
2 articles
Editor's pick
Paris appeal court hands Arnault a €22.5m tax bill over an LVMH holding structure
A French administrative court has upheld tax assessments of about €22.5m against Bernard Arnault and his wife, tied to payments from a holding structure connected to their LVMH stake. Arnault will appeal to the Conseil d'État.
Tax
South Africa rules out an annual wealth tax, citing capital flight
Finance Minister Enoch Godongwana told Parliament the government is not planning a net wealth tax, arguing income tax raises far more and that a levy would push the top tax base to relocate.
2 July 2026
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