Following elections to the French National Assembly in Summer 2024, there has been significant uncertainty over the future direction of French tax policy, against a challenging political and economic backdrop. The French Cabinet will adopt the draft French Budget for 2025, announcing various significant tax increases for both corporates and individuals. Our Flash call was held on Monday, 14 October, which explored the practical implications of the new proposed tax rules, from both domestic and international perspectives.
The session covered:
- An update on developments since the legislative elections
- Key tax policies announced in the draft French Budget for 2025
- Potential challenges to the draft Budget, and the next steps for its approval
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