De Gaulle Threatens Monaco Over Tax Pact Ruling
Paris reports President de Gaulle will strip Monaco of privileged ties if it refuses to join the French tax system. Foreign Minister to renounce the 1951 treaty, six months after formal notice. Rainier III, Grace Kelly’s husband, resists revisions allowing tax alignment. Over 2000 companies have HQs in Monaco as residents seek tax relief. potential French barriers could cut Monaco off from French services and schooling.