HomeEconomyA minimum tax of 2% on 100 million euros of assets: the...

A minimum tax of 2% on 100 million euros of assets: the Finance Commission of the National Assembly rejects the Zucman tax

The deputies of the Finance Commission of the National Assembly rejected, this Monday, October 20, the establishment of the “Zucman tax” in the state budget for 2026. However, the measure will be discussed again in a public session.

First setback for the Zucman tax. During the examination of the finance bill (PLF) for 2026, the Finance Commission of the National Assembly rejected, this Monday, October 20, the establishment of the “Zucman tax”, defended by the left.

The four left-wing groups (LFI, PS, environmentalist and communist) have presented amendments aimed at creating this tax, which is named after the economist Gabriel Zucman, and which plans to make taxpayers with assets of at least 100 million euros pay a minimum tax of 2% of this assets, including professional assets.

As expected, the government sector opposed it in committee, as did the National Group. Instead of the Zucman tax, the draft state budget presented last week by Prime Minister Sébastien Lecornu proposes taxing the dormant financial assets of family holding companies.

However, the Zucman tax will have to be debated again in public session as parliamentarians will examine the initial version of the PLF.

Author: CR with AFP
Source: BFM TV

Stay Connected
16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe
Must Read
Related News

LEAVE A REPLY

Please enter your comment!
Please enter your name here