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Euronews
Euronews
Jean-Philippe Liabot

France’s budget: Oxfam targets ‘super-inheritances’ in tax plan

At a time when every euro spent and saved is being scrutinised in the search for ways to reduce France's deficit, Oxfam is targeting a tax break for inherited family businesses that it says disproportionately benefits the wealthiest heirs.

In a report published on Tuesday, the NGO called for tighter limits on the Dutreil pact, which exempts 75% of a qualifying company’s value when gift or inheritance tax is calculated.

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