On 8 December 2017, the French tax administration published guidance on the application of the exceptional surcharge and the additional surcharge that applies for large companies for financial years ending on or after 31 December 2017 up to 30 December 2018. The surcharge is levied at a rate of 15% for companies with gross revenue exceeding EUR 1 billion, with an additional 15% surcharge for companies with gross revenue exceeding EUR 3 billion. The guidance provides clarification on which co…