On 4 November 2026, the French National Assembly rejected the first section of the Finance Bill for 2027, in a vote of 458 to 0. The first section is the revenue (tax) section. The rejection of the first section has resulted in an overall rejection of the Bill, which now goes to the Senate for consideration in its original form as submitted by the government. If a compromise cannot be reached, the government has a few options, which include invoking Constitutional Article 49.3 to …