Overview
- Deputies adopted in first reading an LFI‑sponsored levy on multinational profits based on activity in France by 207 to 89, with the left and RN voting together against the government.
- Economy Minister Roland Lescure warned the multinational measure could trigger legal conflicts with more than 125 tax treaties and amount to “20 billion euros of trouble.”
- Lawmakers also doubled the digital services tax on big tech from 3% to 6% in a vote reported at 296 to 58, after macronist deputies dropped an earlier push for 15% over fears of U.S. reprisals.
- The PS is threatening censure unless taxation of the ultra‑rich is included, yet the government and center‑right oppose any Zucman‑style plan that includes professional assets, and the RN has vowed to vote no.
- The PS ‘light’ alternative sets a 3% minimum above 10 million euros with exemptions for family and innovative firms, but it faces broad resistance, and the Assembly is slated to examine wealth measures at the end of the week, likely Friday.