France: The 2025 finance bill toughens taxation for the richest
The 2025 Finance Bill has sparked a lively debate, and reveals the tensions surrounding the taxation applied to the highest incomes in France. At the heart of the controversy is an amendment that aims to exempt certain income categories from the new “differential contribution on high incomes” (CDHR), introduced to limit tax avoidance practices among the wealthiest taxpayers. This amendment, intended to maintain an attractive tax system for investors in innovation, was rejected by the National Assembly, which constitutes a defeat for the government and a victory for the opposition, which is campaigning for an expansion of this contribution.