On 27 September 2017, the French Council of Ministers adopted the draft Finance Bill for 2018. The main measures of the bill reportedly include:

• A reduction of the corporate tax rate as follows:
  • 2018 - 28% on income up to EUR 500,000, with the excess subject to current standard 33.33% rate;
  • 2019 - 28% on income up to EUR 500,000, with the excess subject to a standard 31% rate;
  • 2020 - 28% for a…