OrbitaxOrbitax

French National Assembly Rejects Proposed Windfall Profits Tax

|Proposed Changes|France
France

The French National Assembly has reportedly rejected amendments to the 2022 Finance Act that would introduce a windfall profits tax on companies in the energy and freight transport sectors. The tax was proposed to be levied at a rate of 25% on the surplus profits of companies in these sectors in 2022 and 2023.

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.