The French Ministry of Economy is studying the extension to 2027 of the exceptional contribution on large companies’ profits, initially presented as temporary and limited to 2025. This surtax affects approximately 300 companies with revenues exceeding 1.5 billion euros and is expected to bring 7.3 billion euros to public finances this year. The corporate tax rate rises from 25% to 30.15% for companies with revenues between 1.5 and 3 billion euros, and reaches 41.2% above that threshold. Business leaders, represented by Medef, are concerned about this new extension, which they say illustrates a lack of fiscal stability, while France is already facing credit rating downgrades. This situation occurs after Bercy already froze additional budget funds last July to meet its deficit targets.
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