French Parliament Publishes Draft Finance Bill for 2026 Including Extended Exceptional Taxes on High Income Individuals and Companies

The French National Assembly has published the draft Finance Bill for 2026, which was submitted on 14 October 2024. The main measures include:

• A one-year extension (to 2026) of the exceptional (differential) contribution introduced in the Finance Law for 2025, which essentially ensures that a minimum tax rate of 20% will apply to tax households whose income subject to tax exceeds EUR 250,000 for a single individual or EUR 500,000 for a couple, with a differential contribution due in cases w…