{"id":19995,"date":"2025-11-04T12:41:57","date_gmt":"2025-11-04T11:41:57","guid":{"rendered":"https:\/\/farewelltax.com\/the-holding-company-tax-has-been-reduced-to-a-tax-on-luxury-goods\/"},"modified":"2026-09-24T11:35:48","modified_gmt":"2026-09-24T09:35:48","slug":"the-holding-company-tax-has-been-reduced-to-a-tax-on-luxury-goods","status":"publish","type":"post","link":"https:\/\/farewelltax.com\/en\/the-holding-company-tax-has-been-reduced-to-a-tax-on-luxury-goods\/","title":{"rendered":"The holding company tax has been reduced to a tax on \u201cluxury goods\u201d"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"19995\" class=\"elementor elementor-19995 elementor-19290\" data-elementor-post-type=\"post\">\n\t\t\t\t        <section class=\"elementor-section elementor-top-section elementor-element elementor-element-ff14617 elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible\" data-id=\"ff14617\" data-element_type=\"section\" data-e-type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9d2f312 pxl-column-none pxl-column-overflow-hidden-no pxl-column-line-no\" data-id=\"9d2f312\" data-element_type=\"column\" data-e-type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-c3e5f0a elementor-widget elementor-widget-pxl_text_editor\" data-id=\"c3e5f0a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pxl_text_editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"pxl-text-editor\">\n\t<div class=\"pxl-item--inner  \" data-wow-delay=\"ms\">\n\t\t<p>On October 31, the National Assembly, amid the shifting political alliances surrounding the 2026 budget bill, adopted the JUVIN amendment.<\/p>\n<p>Originally, <strong>the proposal called for the creation of a new tax on the assets of wealth management holding companies<\/strong>\u2014assets not used in operational activities\u2014in order to combat tax avoidance strategies.<\/p>\n<p>The aim was to tax the cash reserves accumulated in these holding companies, which were not subject to any taxation.<\/p>\n<p>In the end, lawmakers retained only the tax on holding companies and the tax on luxury goods.<\/p>\n<p><strong>Consequences:<\/strong><\/p>\n<ul>\n<li>Luxury goods would be taxed at 20%<\/li>\n<li>The ownership threshold that triggers the tax has been raised from 33% to 50%<\/li>\n<li>Real estate listed as an asset of a holding company (with assets exceeding \u20ac5 million and generating more than 50% passive income) is subject to taxation.<\/li>\n<li>Family structures will be the primary focus of this new amendment<\/li>\n<li>Cash accumulated in holding companies is excluded.<\/li>\n<\/ul>\n<p><strong>Questions to Consider<\/strong><\/p>\n<ul>\n<li>Will the Constitutional Council strike down this rather confiscatory principle?<\/li>\n<li>Will this revision generate enough revenue to increase government revenue?<\/li>\n<li>Has the topic of tax optimization finally been exhausted?<\/li>\n<li>There are still many questions (furnished rentals, hotel-related assets, etc.) that the back-and-forth with the Senate could help clarify.<\/li>\n<\/ul>\n\t\t\n\t<\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>On October 31, the National Assembly, amid the shifting political alliances surrounding the 2026 budget bill, adopted the JUVIN amendment. Originally, the proposal called for the creation of a new tax on the assets of wealth management holding companies\u2014assets not used in operational activities\u2014in order to combat tax avoidance strategies. The aim was to tax [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":19996,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rs_blank_template":"","rs_page_bg_color":"","slide_template_v7":"","footnotes":""},"categories":[93],"tags":[],"class_list":["post-19995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-taxation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The holding company tax has been reduced to a tax on \u201cluxury goods\u201d - FareWell Tax<\/title>\n<meta name=\"description\" content=\"On October 31, the National Assembly adopted the JUVIN amendment. Members of Parliament retained only the tax on holding companies and the tax on luxury goods. What are the consequences?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/farewelltax.com\/en\/the-holding-company-tax-has-been-reduced-to-a-tax-on-luxury-goods\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The holding company tax has been reduced to a tax on \u201cluxury goods\u201d - FareWell Tax\" \/>\n<meta property=\"og:description\" content=\"On October 31, the National Assembly adopted the JUVIN amendment. Members of Parliament retained only the tax on holding companies and the tax on luxury goods. 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