France to reduce, not abolish, large-company surtax in 2027 budget

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  • France plans to reduce but retain the exceptional surtax on very large companies in 2027.
  • 2025 introduced the temporary surcharge, which continued into 2026 after a budget compromise.
  • Sebastien Lecornu proposed employee-focused business-transfer incentives under the planned Papin Pact.
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