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France Approves Tax Hike on Big Corporations for 2026

10/28/2025

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Summary

Story summary

On October 27, 2025, France's National Assembly approved an amendment to increase taxes on the largest companies for 2026.
The decision fits the government's plan to reduce the deficit and win opposition support.
The French finance ministry initially targeted €4 billion in additional revenue for 2026 by extending a temporary rise in corporate tax rates.
After lawmakers removed other revenue measures, the target rose to €6 billion for 2026.

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Story summary

On October 27, 2025, France's National Assembly approved an amendment to increase taxes on the largest companies for 2026.
The decision fits the government's plan to reduce the deficit and win opposition support.
The French finance ministry initially targeted €4 billion in additional revenue for 2026 by extending a temporary rise in corporate tax rates.
After lawmakers removed other revenue measures, the target rose to €6 billion for 2026.