France to Reduce Corporate Tax Surcharge and Ease Employee Buyouts in 2027 Budget, PM Says
32 Articles
32 Articles
DECRYPTAGE - In a letter this Wednesday addressed to business leaders, the Prime Minister sanctuates the tax exemption on transfers of family businesses and introduces new aids.
France’s Lecornu Seeks to Trim ‘Exceptional’ Tax on Big Firms
French Prime Minister Sebastien Lecornu said he would seek to reduce a tax on the profits of large companies that was introduced in 2025 as a one-off to help rein in the runaway budget deficit.
In a letter to the entrepreneurs made public on Wednesday, the Prime Minister announced that he would "decrease" in the 2027 budget the exceptional contribution on the profits of large companies. The government was studying the renewal for a third year of this surtax, but the Minister of Economy, Roland Lescure, pleaded for a decrease. Lecornu had also thought that replicating it in the same way "would send a very bad signal to international inv…
In a letter addressed to business leaders, Sébastien Lecornu assured that the government will propose in its next budget a reduction in the exceptional contribution to corporate tax introduced in 2025. Similarly, the Prime Minister indicated in his letter that no other new tax is foreseen.
In a letter to the leaders of large companies, Prime Minister Sébastien Lecornu promised a reduction in the surtax on the profits of large companies
Three weeks before the introduction of the 2027 finance bill, the Prime Minister confirmed that the "exceptional" surtax on large companies would not disappear, but it would have to decline, and a new mechanism would be created to encourage the takeover of enterprises by employees.
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