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French Court Clears 2026 Budget That Includes Taxes on Wealthy

Summary by bloombergtax.com
France’s constitutional court cleared the 2026 budget including a series of measures aimed at taxing the wealthy, a decision that paves the way for President Emmanuel Macron to finally promulgate the finance bill.

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Lean Left

French Court Clears 2026 Budget That Includes Taxes on Wealthy

·United States
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Center

On Thursday, the Constitutional Council approved the "procedure for the adoption of the law" of the budget for 2026. The Sages did not censor any article on the substance, but rejected seven articles, which, according to them, did not have their place in this text. This announcement marks the last step before the enactment of the law. - Budget 2026: the Constitutional Council validates the substance of the text, paving the way for its promulgati…

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Center

The state budget for 2026 has been validated by the Constitutional Council, despite intense debates. Seven articles have been rejected for inappropriateness. The public deficit must be reduced to 5% of GDP, an objective judged to be...

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Center

The Constitutional Council validated the bulk of the 2026 budget. Flagship measures such as the exclusion of APLs for some foreign students are validated, but with reservations.

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Lean Right

The Sages were called on this Thursday to decide on the legal conformity of several arrangements, before the finance law was finally promulgated.

·Paris, France
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Lean Left

The Council does not validate the concept of "inseverity" of the budget, which had been raised in several referrals. "The Council has also rejected all the complaints concerning the sincerity of the finance law", says the communiqué published on Thursday.

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L'Opinion broke the news in on Thursday, February 19, 2026.
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