Overview
- Lawmakers voted to exclude non‑professional and personal assets from the inheritance‑tax exemption available under the Pacte Dutreil.
- Deputies also extended by two years the minimum period heirs must hold transferred shares to keep the tax benefit.
- The measure passed 94 to 49, with the left in favor, government allies divided, and the Rassemblement National abstaining.
- A forthcoming Cour des comptes report, summarized by Le Monde, estimates the regime’s cost at about €5.5 billion in 2024 and reportedly suggests cutting the abatement if a company is sold right after the retention period.
- Public Accounts Minister Amélie de Montchalin said the budget text will spell out which personal and ‘sumptuous’ assets are to be excluded as the review continues.