On 20 December 2016, the French Finance (Budget) Law for 2017 was definitively adopted by the National Assembly after being adopted and sent back from the Senate. The Law will now be subject to constitutional review and will enter into force after being published in the Official Gazette. Key measures of the law regarding corporate tax and the introduction of a diverted profits tax are summarized as follows.
Corporate Tax
The maximum revenue threshold for the 15% reduced tax rate on the fir…