Employment termination payments: single income tax exemption ceiling equal to 1 PASS
The income tax exemption for termination payments (dismissal, negotiated termination ('rupture conventionnelle'), compulsory retirement, etc.) would be capped at a single ceiling equal to the PASS (annual social security ceiling, €48,060 in 2026). The portion above this would become taxable. The Government states that 95% of recipients receive less than 1 PASS.
Measure originators
A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.
Measure impact
About 40,000 people affected (5% of recipients) according to the impact assessment; the social contributions side is covered by the PLFSS 2027 (2027 social security financing bill).
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
Debate and vote
Débat et vote en séance publique à l'Assemblée nationale, ou engagement de la responsabilité du Gouvernement (article 49.3)
Committee examination
Amendements
Council of Ministers
Validation interne