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Friday May 11, 05:25 PM
GENEVA (Reuters Life!) - Johnny Hallyday, the ageing French rocker who moved to Switzerland six months ago to escape the French tax net, may be staying in the Swiss Alps after all, a Swiss newspaper reported on Friday.
Hallyday's young wife Laeticia had said earlier this week on RTL radio that he was preparing to return to France following the presidential election win by his friend Nicolas Sarkozy.
But the daily Le Matin reported that Hallyday subsequently told his long-time photographer friend Daniel Angeli: "For the moment, I'm not changing anything."
Angeli said: "He certainly won't sell his chalet in Gstaad. He's very happy with it and will remain a Swiss resident".
Hallyday -- who was at Sarkozy's campaign headquarters on Sunday when the right-winger's victory was announced -- remains "disgusted" by the high French inheritance tax, Angeli said.
Laeticia had said Sarkozy's promise to cap taxes at 50 percent of earned income, the so-called "tax shield", meant that the jet-set couple would now return to France.
Hallyday, borne Jean-Philippe Smet, has just flown to Canada to prepare a duo with Celine Dion, and then heads for Los Angeles to record a blues album, according to the paper.
He has to spend six months and one day in Gstaad to avoid French taxes that include a wealth tax on capital of more than 750,000 euros ($1 million).
Source: http://in.news.yahoo.../137/6fnm9.html
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