Atlas Arteria (ASX:ALX) Announces New French Temporary Supplemental Tax
Tax Law Update
Atlas Arteria has noted that the French Parliament adopted the Finance Law for 2025 on 6 February 2025, introducing a temporary supplemental tax for companies with revenue of €1.0 billion or more in 2024 or 2025.
Tax Details
The new tax requires companies with revenue below €3 billion in both years to pay 20.6% on their combined corporate income tax due for 2024 and 2025. Companies with revenue equal to or exceeding €3 billion in either year will be taxed at 41.2%. Atlas Arteria expects to fall into the second category, with 98% of the anticipated tax payable in December 2025 and the remainder due in April 2026.
Implementation Timeline
The Finance Law will take effect after review by the Constitutional Council and signing by the French President, expected in the coming weeks.
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