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Which major French company will be most affected by the special tax in 2025?
2
Resolution / Starting Odds
LVMH • 25%
TotalEnergies • 25%
BNP Paribas • 25%
Other • 25%
News reports from reputable financial news outlets
Story
France Targets 2025 Deficit Between 5%-5.5% of GDP, Plans €50 Billion Savings
Jan 6, 2025, 07:56 AM
The French government aims to reduce its public deficit to between 5% and 5.5% of GDP by 2025, according to Finance Minister Eric Lombard and Budget Minister Amélie de Montchalin. Lombard stated that bringing the deficit down to 5% by 2025 would be too ambitious, emphasizing that the deficit 'will not significantly exceed 5%'. The government plans to achieve €50 billion in cost savings in 2025, primarily through spending cuts rather than new tax increases beyond those already announced, including a special tax on the biggest companies. Lombard reiterated that the 2024 deficit is projected to be around 6.1% of GDP and that they aim to reduce it progressively, targeting a deficit below 3% by 2029.
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Similar markets
Financial Services • 25%
Other • 25%
Cryptocurrency Exchanges • 25%
Luxury Goods Market • 25%
Minimal impact (less than €2 billion) • 25%
Moderate impact (€2-5 billion) • 25%
Significant impact (more than €5 billion) • 25%
No impact • 25%
Electrolux • 25%
Whirlpool • 25%
Fnac-Darty • 25%
LG • 25%
State agency mergers • 25%
Anti-tax-optimization mechanism • 25%
Corporate taxes • 25%
Other • 25%
Special tax on largest companies only • 25%
No new taxes introduced • 25%
Both special tax on companies and higher-income individuals • 25%
Taxes on higher-income individuals only • 25%
Fnac-Darty • 25%
Electrolux • 25%
Whirlpool • 25%
LG • 25%
Positive Impact • 25%
Negative Impact • 25%
No Significant Impact • 25%
Data Inconclusive • 25%