Emmanuel Macron Elected President: French Taxation to Fall in Line with the European Average?

May 09, 2017

Following the election of Emmanuel Macron as President of the French Republic, you will find below a few examples of expected tax changes of potential importance to our clients.
During the French presidential campaign, which has just ended, tax-related issues were at the center of the debates.

Some measures proposed by Emmanuel Macron have already been extensively commented on -- such as the abolition of the housing tax concerning 80% of households or the 1.7% increase of the general social contribution (CSG) among others -- but particular attention should be paid to other announced measures as well. These measures indeed reflect the newly elected President’s clear ambition to return to a “European average” in terms of taxation, i.e. effective tax rates similar to the ones applied in other European countries.

This intended tax competitiveness is aimed at executives, managers and companies as illustrated in the three examples below.

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