The French tax authority published guidance on 15 May 2023 regarding the temporary solidarity contribution for certain companies in the fossil fuel sector. The contribution was introduced as part of the Finance Law for 2023 and applies for the first fiscal year beginning on or after 1 January 2022:
- The contribution is payable by legal persons or permanent establishments carrying out an activity in France or whose taxation of profit is attributed to France by a tax treaty if at least 75% of …