France
| Category | Rank | Score |
|---|---|---|
| Overall Rank | 35 | 48.69 |
| Corporate Taxes | 34 | 44.05 |
| Individual Taxes | 37 | 37.79 |
| Consumption Taxes | 21 | 64.93 |
| Property Taxes | 34 | 38.43 |
| Crossborder Taxes | 13 | 80.73 |
France ranks 35th overall on the 2021 International Tax Competitiveness Index, the same as in 2020.
Strengths
- France has above-average cost recovery provisions for investments in machinery, buildings, and intangibles.
- Corporate and consumption taxes have a relatively low compliance burden.
- France has a broad tax treaty network, with 122 countries.
Weaknesses
- France has multiple distortionary property taxes with separate levies on estates, bank assets, financial transactions, and a wealth tax on real estate.
- The tax burden on labor of 46.6 percent is among the highest for OECD countries.
- A reduced 10 percent tax rate applies to income derived from IP rights through a so-called patent box.
Learn more about the tax system in France