France moves against X and tightens exit tax
Paris prosecutors raided X's offices and summoned Musk and Yaccarino, while the National Assembly voted to extend the exit-tax holding period to 15 years.
What we know
An account on X reports the criminal investigation into X, the Paris raid and the summonses. PLB says the MoDem exit-tax amendment passed on first reading of the 2027 budget without government support and hits founders with large holdings.
How the story developed
Paris prosecutors raided X's offices and summoned Musk and Yaccarino, while the National Assembly voted to extend the exit-tax holding period to 15 years.
Clashes in Paris and 320,000 protesters nationwide coincide with a budget amendment tightening French exit-tax rules and wider talk of European fiscal strain.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.