French President Emmanuel Macron’s presented the draft 2019 budget to parliament on 24 September 2018. Tax-related measures of the Budget, some of which have already been approved, include the following:

• The reduction of the corporate tax rate in 2019, with a 28% rate on income up to EUR 500,000 and the excess subject to a standard 31% rate (reduction already scheduled);
• The reform of the tax …