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French National Assembly Approves Increased Tax on "Super Dividends"

|Proposed Changes|France
France

On 12 October 2022, the French National Assembly approved an amendment to the Finance Bill for 2023 to provide for the introduction of an increased tax on so-called "super dividends" distributed by large profitable companies to individuals. In particular, the tax rate of 30% on dividends would be increased to 35% in cases where the annual revenue of a company paying dividends exceeds EUR 750 m…

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