Originally Posted by
CZAMFlyer
Some people interpret investments will be made with half of pre-tax salary; others assume half of post-tax salary. It wasn't made clear, but there's more than one way to calculate the amount left over to invest. Let's also assume the CEO of a large corporation has access to rather proficient accountants tasked with minimizing tax burdens.
Quoting from the Points Guy article linked above, which of course could be wrong):
Smith has a base salary of 900,000 euros ($1 million), but he can earn as much as 4.25 million euros if performance targets are met.
“I have already made a personal investment by moving with my family to France,” Smith said in a video message to staff. “Today I have decided to make another investment by investing half my fixed salary in Air France-KLM’s share capital.”
Smith is pledging half of his fixed salary, meaning 450,000 euros (~$525,000).
Having said that, I just remembered that France has some fairly generous tax provisions for ex-pats living "temporarily" in France.
https://www.welcometofrance.com/en/t...emption-scheme