French lawmakers add tax hike on multinationals to budget bill as tense talks continue

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France has just passed two major tax hikes on multinational companies as part of its budget bill. The move was a surprise to Prime Minister Sébastien Lecornu's government, which had opposed the measures.

Lawmakers voted in favor of these amendments despite opposition from the prime minister's office, which warned that they could breach international tax treaties and damage France's reputation for attracting foreign investment.

The two new levies target companies with global revenues exceeding €50 million and those with digital sales of over €2 billion. The former will be taxed at a minimum rate of 25 percent on profits linked to French activity, regardless of whether they're declared in low-tax jurisdictions.

This move is seen as a key step towards tackling tax avoidance and raising billions of euros for the government. Proponents claim that this could bring in as much as €26 billion.

The bill's inclusion of these measures has sent shockwaves through Washington, with US President Donald Trump having previously threatened tariffs on similar taxes targeting American companies.

While it remains to be seen whether these amendments will survive in their current form when the budget bill reaches the Senate next month, one thing is certain: France's deeply fragmented parliament is known for its unpredictability.
 
omg this is such a big deal!!! i love how france is taking control of their economy and making those multinational companies pay their fair share 🤩💸 i know some ppl might be worried about the international tax treaties but let's be real, it's all about creating a more equal playing field 😊 and if that means raising billions of euros for the government then count me in 💰👏
 
just saw this news and i gotta say, tax hikes on big corps are long overdue! 🤯 they've been dodging taxes left and right for years, leaving our governments with nothing to show for it. france is taking a bold step towards fairness and accountability. plus, think of all the cash that could come flooding in - €26 billion is no joke! 💸 just hope these measures don't get watered down in the senate. would love to see some real change happen 🌟
 
I gotta say, I'm loving this new tax hike move from France 🤝. It's about time they take a stand on closing those tax loopholes and getting some real revenue in. €26 billion is no joke, that's like, a whole lot of cash 💸. And honestly, who can blame 'em for taking aim at multinational companies? They've been dodging taxes left and right for far too long 🙄.

I do worry about how this might affect the global economy, especially with the US having threatened tariffs... but I'm optimistic that France's got this 💪. The fact that their parliament is unpredictable only adds to the excitement 😅. Who knows what other surprises they've got up their sleeve? One thing for sure, it'll be interesting to see how this all plays out 👀.
 
🤔 just saw this news and I'm kinda surprised that France did this anyway 🤑 i mean they know it might mess with US relations and stuff, but like €26 billion is a pretty tempting number 🤑 especially when you consider all the tax avoidance schemes big corps use to dodge paying their fair share 💸 maybe we'll see more countries doing similar moves? ⏰ only time will tell if these amendments make it through the Senate 🤞
 
I'm not sure why they're surprising everyone with this move 🤔... it feels like a step that's been coming for a while now, considering how big some of these multinational companies are and how much they're making off the back of their French operations 💸. I mean, €50 million is just a drop in the ocean for most of them, but it's still more than enough to make a difference 🤑. And let's be real, if they can squeeze out €26 billion that's going straight into the government's pockets, that's not something to get worked up about 💸💪. I'm actually kinda hoping this leads to some real change and less of these tax loopholes that just allow them to game the system 🤓
 
omg u think france is being super greedy with these new tax hikes lol but like who doesn't wanna get richer? 🤑 they're basically just trying to close that huge loophole with multinational companies and bring in some serious cash 💸 and honestly the US government should be worried - all that tantrum from trump is kinda funny 😂 if france gets away with this it's a win for them! 👏
 
Dude, who knew tax hikes could be so... taxing? 🤣 I'm not saying they're all bad news, but €50 million is a pretty big number - like, I need to upgrade my gaming PC just to break even on that kind of cash! 💸 In all seriousness though, it's kinda cool that France is taking steps to crack down on tax avoidance. They must be thinking, 'Why should the rich guys have all the fun?' 🤑 And who knows, maybe this will actually bring in some sweet EU funds - the French are always saying they need more money for stuff, like croissants and cheese... 🥐🧀
 
🤔 France just raised the bar for multinational companies 👀 They're basically saying "you wanna do business with us? Pay up 💸" Those €26 billion they're hoping to rake in? 🤑 Not bad for a country that's been playing catch-up on taxes for ages 💪 But let's not get ahead of ourselves... this is still gonna be a wild ride 🎢
 
🤔 I gotta say, this whole tax hike situation is quite interesting. I mean, on one hand, you've got France wanting to crack down on multinational companies that are basically dodging taxes left and right. And on the other hand, you've got these big corporations like the US ones threatening to impose tariffs or whatnot. It's like a game of chicken, but with billions of euros on the line 🤑. I'm curious to see how this all plays out in the Senate next month. The unpredictability of that parliament can be wild 😂.
 
🤔 So this is gonna be interesting... I mean, on one hand, I'm all for cracking down on tax avoidance and getting some serious cash for the government. €26 billion is a crazy amount of money! 💸 It could do a lot of good with that kind of cash. Plus, who doesn't love the idea of big corps paying their fair share? 🤷‍♂️

But at the same time... I'm not sure if this is gonna end well. The whole thing seems kinda hasty and the US is already getting worked up about it. 🙄 I mean, we're talking tariffs here, which could lead to a whole trade war thingy. That's just a recipe for disaster 😬. And what about the EU? Are they all gonna follow France's lead? The fragmentation of parliament can be super unpredictable, so... yeah, let's just wait and see how this plays out 🤯
 
🤔 France's new tax hikes are a bit of a wild card - I mean, who expects to see major changes like this just happening? 🚨 The fact that they're targeting big multinational companies and their digital sales is interesting, as it shows the government is getting serious about cracking down on tax avoidance. 💸 With the potential for raising €26 billion, that's a pretty significant boost for the economy.

But I'm also curious to see how this plays out with the US - Donald Trump did threaten tariffs, so we'll have to wait and see if France's move sparks a bit of an international trade spat 📈. One thing's for sure, though: France's parliament is notoriously unpredictable, so it's anyone's guess what will happen next 😅.
 
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