The Finance Bill for 2025 was published on October 10, 2024, and includes the following tax-related measures:
- Adjustment to phase out of the contribution on companies’ added value (cotisation sur la valeur ajoutée des entreprises, or CVAE)
- Introduction of temporary surtax on corporate income tax applicable to the largest companies with significant profits
- Special contribution levied on major shipping companies
- Tax on share buy-backs
- Amendments to merger preferential corporate income tax regime
- Introduction of a minimum tax on high-income taxpayers
- Amendments to tax treatment of employee stock options
- Update of Pillar Two global anti-base erosion (GloBE) rules to align with OECD guidance
- Implementation of DAC 8 directive on cryptoassets
Read an October 2024 report prepared by the KPMG Avocats