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France Planning Temporary Tax on Large Companies to Replace Distribution Tax

|Proposed Changes|France
France

According to recent reports, the French government is planning to introduce a temporary tax on large companies to replace lost revenue resulting from its planned repeal of the 3% tax on profit distributions that has been ruled against in recent cases at both the French and EU level. Measure to introduce the temporary tax and repeal the distribution tax are expected to be included as part of the…

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