• France seeks Eur 7.2 bln in new taxes to narrow this year’s budget gap
• Drops tax breaks on overtime (will raise Eur 898 mln)
• Will raise Eur 2.33 bln via a one-off wealth tax
• Raise tax on share trading to 0.2% from 0.1%
• French companies 30% on stock options (prev 14%)
• French Executives to pay 10% on stock options (prev 8%), combination will raise Eur 320 mln
• Companies to pay 3% tax on dividend distributions
• French holders of oil stocks will pay 4% of stock value, raising Eur 320 mln
• Will lift contribution of bank risk taking by Eur 55 mln
• Tighten corporate tax avoidance rules
• Will cut VAT on books to 5.5%