In 2024, the corporate tax rate (Impôt sur les Sociétés) is 25%.
[1] A company is subject to French corporate tax on profits generated in France, in addition to any profit allocated to France by virtue of international tax treaties, after taking into account tax deductible costs.
On 7 November 2017 the French National Assembly approved a new corporate tax exclusively for the year 2017. Business with more than €1 billion in sales a year are subject to pay a tax rate with 38.3% instead of 33.3%.
[2] In 2012 a new tax credit was introduced to make France more competitive.
Certain items of income are exempt from corporate tax: