In a vote on 22 November 2025, the French National Assembly rejected the revenue (tax) section of the Finance Bill for 2026, with only 1 deputy voting to approve. The rejection of the revenue section has resulted in an overall rejection of the Bill, which now goes to the Senate for consideration. If the Bill cannot move forward in the Senate, the government will likely propose a special budget bill that authorizes the State to collect existing taxes and to borrow funds to ensure the continuat…