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LVMH Would Take €800 Million Hit From France’s Planned Tax Hike

The proposal calls for a temporary increase for companies with revenue in France above €1 billion.
Louis Vuitton store | Source: Shutterstock
Executives across industries have been hard at work trying to quantify the possible impact of the tax hikes. (Shutterstock)

While plenty of French companies may be hoping the government’s proposed €8 billion increase in corporate taxes remains a temporary measure, as promised, executives at some have been hard at work trying to quantify the possible impact.

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