Is it a big stone or just a small pebble in the way of the budget? Tuesday, October 28, in the early evening, the National Assembly adopted, by a large majority, – 207 votes for, 89 against – an amendment from the deputy La France insoumise (LFI) Éric Coquerel, president of the finance committee, which creates a universal tax on transnational companies.
Concretely, this new tax – if it were definitively included in the budget for 2026 – would tax the profits of multinationals in proportion to their activity carried out in France at the minimum rate of 25%. And it would allow up to 26 billion euros in additional tax revenue, according to the LFI deputy for Seine-Saint-Denis.
For the executive, this is the first big disappointment since the start of the examination of the finance bill (PLF) on Friday October 24. Because to cross the Palais-Bourbon barrier, the measure defended by La France insoumise (LFI) – and the rest of the left, via an amendment from the Ecologist MP Clémentine Autain and another from the Communist MP Nicolas Sansu – benefited from the votes of the National Rally (RN). “It was the first time that Marine Le Pen came to the chamber during the budget debate and it cost us 25 billion euros”notes, bitterly, a Macronist deputy.
