French National Assembly Approves Increased Tax on "Super Dividends"
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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