France Wants Share Buyback Tax in 2025 Budget Bill, Figaro Says

The French government wants to include a measure to tax companies’ share buybacks in the budget bill for 2025, Le Figaro reports, without saying how it got the information.

• The tax would apply to buybacks from 2024, the newspaper says.
• Rate of this tax could be 1% or more, Figaro says, citing a person it does not name
• Economy ministry expects several hundred million euros from the measure, the person adds

To contact the reporter on this story:
Valentine Baldassari in Paris at vbaldassari@bloomberg.net

To contact the editors responsible for this story:
Wout Vergauwen at wvergauwen@bloomberg.net

Alan Katz

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