On 17 November 2020, the French National Assembly approved the Finance Bill for 2021, with several amendments and new provisions. The bill was tabled in the Senate on 19 November. Some of the main amendments include the following:
- Withholding Tax Brackets for Non-Resident Individuals are set as follows for 2021:
- up to EUR 15,018 - 0%
- over EUR 15,018 up to 43,563 - 12% (8% for overseas departments)
- over EUR 43,563 - 20% (14.4% for overseas departments)
- The threshold for the 15% reduced corp…