Famous Actor In Quest To Avoid High French Taxes

[HuffingtonPost]

MOSCOW, Feb 23 (Reuters) - Actor Gerard Depardieu has  registered as a resident of the provincial Russian city of  Saransk, where he plans to open a restaurant far from the high  taxes of his French homeland, Russian media said on Saturday.                

The 64-year-old star of "Cyrano de Bergerac" and "Green  Card" was in Saransk on Saturday to receive a residency stamp in  his newly-issued Russian passport, at a lavish ceremony attended  by local officials and singers in traditional folk costumes.                

Depardieu first moved to Belgium last year to avoid a  planned 75-percent tax on millionaires and has since continued  east to Russia, where President Vladimir Putin granted him  citizenship in January.                

Depardieu has said he did not leave France for tax reasons.  Russia, where the actor has appeared in advertising campaigns  for ketchup and a film about the monk Grigory Rasputin, has a  flat tax of 13 percent on income.                

"For me registration here isn't a formality. I intend to  come here often," Depardieu said after the ceremony, adding he  planned to open "an eatery, where working people will go to  snack".                

Saransk, which largely consists of run-down Soviet apartment  blocks, is an industrial centre noted for its machine building  and chemical industries. Depardieu used to live in a mansion on  the Left Bank of the Seine in Paris.                

Russian media cited the region's press minister as saying  Depardieu also planned to build a small house in the  countryside. For now, Depardieu is registered to reside in an  apartment in the city owned by relatives of a friend.                

Located on the river Volga some 620 km (390 miles) east of  Moscow, Saransk is the capital of Mordovia, a republic in  central Russia that was quick to try and persuade Depardieu to  set up residence. In January, Depardieu turned down an offer to  become the region's Minister of Culture.                

France's Constitutional Council last month blocked the  planned 75 percent tax rate on income over 1 million euros  ($1.32 million) in December, but the government has said it will  press ahead with a redrafted tax on the wealthy.                

($1 = 0.76 euros)                

(Reporting by Jason Bush; Editing by Jason Webb)

Via: HuffingtonPost