The government will shelve the ‘super dividend’ amendment to the 2023 finance bill. Proposed by MoDem MPs and supported by LFI and RN elected officials, this amendment aimed to introduce a 35% ‘single tax’ on superdividends paid at 20%. higher than the average income distributed between 2017 and 2021 within a company.
If this proposal was approved in the Assembly last Thursday by 227 deputies (88 votes against), the Government will not retain it in the final budget. Bruno Le Maire confirmed it this Monday on BFMTV.
Exempt large fortunes
Although CAC 40 companies are 40% owned by foreign investors, Bruno Le Maire believes that this tax would only penalize the French.
According to the government, the country’s large fortunes would not be affected since most hold their securities through holding companies that are not the subject of the measure.
The questioned calculation method
The Minister also assures that this tax would penalize the attractiveness of French companies.
A measure considered unfair finally due to its calculation method. This tax would affect companies that this year paid dividends 20% higher than the average income distributed between 2017 and 2021.
Source: BFM TV
