France đ«đ· champion of tax pressure in Europe
According to the International Tax Competitiveness Index, France ranks 36th out of 38 OECD countries!
A disaster in key figures đ
đš Corporate tax rate: 25.8% (OECD average: 23.6%)
đš Labor tax burden: 47% (among the highest in the OECD)
đš VAT: 20%
đŠ France has a wealth of taxes:
â Real estate wealth tax
â Financial transaction taxes
â Bank asset taxes
â Inheritance tax
đšâđŒ For individuals:
đ± Marginal income tax rate: 55.9%
đ± Dividend tax: 34% (OECD average: 24.2%)
This tax burden raises questions about France's attractiveness and competitiveness.