JOHNNY HALLYDAY - HALLYDAY TO REMAIN IN SWISS TAX HAVEN

HALLYDAY TO REMAIN IN SWISS TAX HAVEN

Veteran rocker JOHNNY HALLYDAY refuses to leave Switzerland to live in his native France - even if the lucrative Swiss tax laws are scrapped.
The singer settled in Berne, Switzerland in 2007 to take advantage of the country's low-level taxation rate for the mega-rich.
The 65-year-old claims he now pays around $755,000 (£536,000) to Swiss authorities every year - a huge reduction from the millions he previously handed over to the French government.
He says, "I don't mind paying taxes, but there is a limit. I was paying more than 70 per cent (of my income in France). With what I've paid over my lifetime, I would have been able to support several families for generations."
Several of Switzerland's states are now considering abolishing the lucrative allowances - but Hallyday is adamant he will stay put even if the law changes.
He adds: "If it changes, it changes. I won't sell my chalet. Aside from all money issues, I like it here. I live in Switzerland... when I'm not working. But I work a lot."
The star also keeps a home in Los Angeles, while his wife Laeticia is the registered owner of the couple's Paris residence.