Established in 2012 in the aftermath of the 2008 financial crisis, the financial transaction tax (FTT) brought public funds 1.785 billion euros last year, an increase of 340 million compared to 2019.
" This tax broke records in terms of revenue for the French state, ”
welcomed the Minister of Public Accounts, Olivier Dussopt, before the National Assembly on Tuesday.
This FTT is a 0.3% levy on sales of shares by companies with a market capitalization greater than 1 billion euros and whose head office is located in France.
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In 2018, this controversial tax brought in 774 million euros, then 1.4 billion in 2019. According to Bercy, this new record reached last year is linked to the widening of the tax base which means that more transactions are affected.
In addition, the number of taxpayers increased, from 132 to 134, proof of
"the attractiveness and development of the financial center",
underlined
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