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Retained

  • Statutory Tax Rate 25
  • Surtax Based on Taxable Income 0
  • Surtax Based on Statutory Tax 3.3
  • Surtax Deductible from Taxable Income 0
  • Statutory Tax Deductable 0
  • Effective Tax Rate 25.825

Statutory Tax Rate

The standard corporate tax rate in France is 25% for financial years opened from 1 January 2022 (26.5% in 2021).

SMEs, i.e., companies with turnover below EUR 10 million (EUR 7.63 million until 31 December 2020) and meeting certain other conditions, are subject to corporate income tax at the reduced rate of 15% on profits of up to EUR 38,120 and at the standard rate on the excess over EUR 38,120.

Large enterprises (i.e., annual turnover of EUR 250 million or more) are assessed to corporate income tax at the unified standard rate of 25% (27.5% in 2021).

Social Contribution on the Corporate Tax

Companies with turnover exceeding EUR 10 million (EUR 7.63 million until 31 December 2020) are subject to an additional social contribution on the corporate tax at the rate of 3.3% levied on that part of aggregate corporate tax liability exceeding EUR 763,000.

Surtax Based on Statutory Tax

Companies with turnover exceeding EUR 10 million (EUR 7.63 million until 31 December 2020) are subject to an additional social contribution on the corporate tax at the rate of 3.3% levied on that part of aggregate corporate tax liability exceeding EUR 763,000.