France's New Tax Targets 24,300 Wealthy Households

The temporary levy aims to ensure a minimum effective tax rate of 20% on high earners, raising €2 billion for public finances.

The French government initially expected the tax to affect 65,000 households, but revised estimates show only 24,300 will be liable.
This 'contribution temporary and exceptional' applies to those with a reference income exceeding €250,000 for singles and €500,000 for couples.
To qualify, households must currently pay an effective tax rate of less than 20%, targeting those benefiting from tax optimization strategies.
The measure is part of efforts to stabilize France's public finances and will be in effect until 2027.
The government describes the tax as a step towards fiscal justice, ensuring high earners contribute fairly to the national budget.