The French lower house of Parliament (Assemblee Nationale) Sept. 27 accepted for consideration Bill No. 1680, the 2024 Finance Bill. The bill includes measures to: 1) adjust income thresholds according to changes in income tax brackets, based on the rate of inflation; 2) transpose into domestic law EU Directive 2022/2523, on ensuring a global minimum tax for multinational enterprise (MNE) groups and large domestic groups in the EU; 3) allow tax credits for qualifying green industry investments; 4) allow property tax exemptions for qualifying rehabilitated residential properties; 5) strengthen tax incentives for the use of renewable energy in transport; 6) ...
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