France 🇫🇷 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 👇
🚨 Corporate tax rate: 25.8% (OECD average: 23.6%)
🚨 Labor tax burden: 47% (among the highest in the OECD)
🚨 VAT: 20%
🏦 France has a wealth of taxes:
✅ Real estate wealth tax
✅ Financial transaction taxes
✅ Bank asset taxes
✅ Inheritance tax
👨💼 For individuals:
😱 Marginal income tax rate: 55.9%
😱 Dividend tax: 34% (OECD average: 24.2%)
This tax burden raises questions about France's attractiveness and competitiveness.