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French Parliament Publishes Draft Finance Bill 2025 Including Temporary Taxes for High-Income Individuals and Large Companies

15 October 2024

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Proposed Changes

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France

The French National Assembly has published the draft Finance Bill for 2025, which was submitted on 10 October 2024. The main measures include: The indexation of individual income tax brackets for inflation, including the following general brackets/rates: up to EUR 11,520 - 0% over EUR 11,520 up to 29,373 - 11% over EUR 29,373 up to 83,988 - 30% over EUR 83,988 up to 180,648 - 41% over EUR 180,648 - 45% The introduction of an exceptional contribution to essentially ensure a minimum tax rate of 20% that will apply to tax households whose income subject to tax exceeds EUR...