Sunday, April 22, 2018

Hunting in... Andorra!

Eighteen month ago, I ran a story about Luc Alphand and his hapless hunting adventures in Russia.

These days, the French ski and racing car champion complains that, as he and his family are still being harassed by anti-hunting activists, he is now selling the family hotel in the French resort of Serre Chevalier and will be moving to Andorra.

This spot is a mountain-principality further south, where he'll still be able to ski, hunt the Pyrenean chamois, know as “izard” (rupicapra pyrenaica), ride his dirt bike and enjoy the Spanish sun.

Last but not least, he will also benefit from Andorra's lowest corporate or personal tax rate in Europe that tops at10 percent, the lowest VAT rate too, at 4.5 percent, not to mention the absence of inheritance taxes among other perks. All in all, a pretty savvy move!

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