Despite calls from the business community for a delay, French Finance Minister, Bruno Le Maire, reportedly stated on 26 March 2018 that the new withholding tax system on individual income will be implemented from 1 January 2019, with no possibility of further delay. The new pay-as-you-earn (PAYE) type system was approved as part of the Finance (Budget) Law for 2017 and requires employers to withhold income tax on income paid to employees. It was initially to be to be implemented from 1 Januar…