France’s finance minister has warned that it would be “difficult” to scrap a controversial levy on the country’s biggest companies in next year’s budget, risking a potential clash with business leaders.
The “exceptional” surcharge on the profits of large companies was introduced in 2025 but was extended last year to help plug the substantial hole in the country’s budget.
“If we can reduce [the corporate levy] we will, but today it’s not easy,” finance minister Roland Lescure told news channel BFM TV on Monday. “We are in a situation unfortunately that is likely to last.”
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