France: Finance Bill for 2018
The Finance Bill for 2018 has been submitted by the French Government to the National Assembly.
Among the proposed measures is a decrease in the rate of withholding tax on income from French equities when paid to non-resident investors.
If approved, the Finance Bill 2018 would be expected to become effective 1 January 2018.
The measures are still to be approved by the French Parliament.
We will inform customers as soon as official confirmation becomes available.
This Taxflash is intended to provide customers with general information gathered from different sources that are generally believed to be reliable. Clearstream Banking S.A. does not guarantee the accuracy or completeness of the information and does not undertake to keep it up to date. Use of the information made available in this Taxflash is at the customer’s own risk and Clearstream Banking S.A., its subsidiaries and affiliates expressly disclaim any liability for any errors or omissions reflected herein. The information in this Taxflash does not constitute legal or tax advice.