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France Targets €8 Billion in Savings by Cutting 10% of Fiscal Exemptions

Public Accounts Minister Amélie de Montchalin announces plans to review 467 tax niches, eliminating outdated exemptions to streamline the fiscal system and reduce taxes.

Budget 2026: «Si on supprime beaucoup de niches fiscales, on fera des baisses d’impôts», promet la ministre des Comptes publics
Éric Lombard, ministre de l’Économie, et Amélie de Montchalin, ministre des Comptes publics, vont s’attaquer au sujet des niches fiscales.
La ministre des Comptes publics Amélie de Montchalin envisage toutes les hypothèses pour faire des économies, dont la réduction des niches fiscales.
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Overview

  • Amélie de Montchalin, France's Minister of Public Accounts, has proposed cutting 10% of the country's 467 fiscal niches, aiming to recover €8 billion for the state.
  • The initiative seeks to phase out tax exemptions deemed outdated or benefiting only a small number of individuals, some with fewer than 100 beneficiaries.
  • The total cost of these fiscal niches is estimated at €85 billion, with the government emphasizing fiscal consolidation without raising taxes.
  • Savings from the cuts could potentially fund tax reductions for the broader public, aligning with the government's commitment to equitable tax policy reforms.
  • Key exemptions for essential services, such as childcare, elderly care, and home services, will remain unaffected to protect social equity.