The French lower house of Parliament (Assemblee Nationale) Oct. 10 accepted for consideration Bill No. 324, the 2025 Finance Bill. The bill includes measures to: 1) adjust income taxation and withholding based on the inflation rate; 2) establish a 20 percent differential contribution for individuals with income exceeding 250,000 euros (US$273,636) and joint filers with income exceeding 500,000 euros (US$547,272); 3) incrementally reduce the CO2 tax rate to 99g/km by 2027 for passenger vehicles, and increase the tax on the high-emitting vehicles by 10,000 euros (US$10,949) annually to reach 90,000 euros (US$98,409) by 2027; 4) align state aid provisions and ...
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