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Tax increaseRejectedCorporate taxNational

Tax on energy windfall profits

A one-off 25% contribution on the 2022-2023 windfall profits of oil and gas companies, freight shipping companies and motorway concession holders. Identical amendments by the Socialist, LFI and GDR groups (NUPES) to the 2022 supplementary budget bill, rejected by the National Assembly on 23 July 2022 by 114 votes to 96.

Measure originators

InitiatorSOC
Christine Pirès Beaune
Socialistes et apparentés
Amendment authorLFI-NFP
Marianne Maximi
La France insoumise - Nouveau Front Populaire
Amendment authorGDR
Karine Lebon
Gauche Démocrate et Républicaine
Impact on public finances
Would have brought in 10 bn €2022 estimate · State
Source of the estimate: Assemblée nationale, amendement n° 4 au PLFR 2022 (n° 17), exposé sommaire (Rough estimate)

A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.

Measure impact

This proposal aimed to tax at 25% the windfall profits of large energy and transport multinationals that benefited from the 2022 energy crisis. The text targeted oil and gas companies, shipping companies and motorway concession holders.

Sources

Assemblée nationale - Scrutin n° 105 (16e législature)Vote
23 July 2022
Amendement n° 4 au PLFR 2022Official
13 July 2022

Procedure timeline

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Rejected
23 July 2022

Debate and vote

Parliamentary process

Débat et vote en séance publique à l'Assemblée nationale, ou engagement de la responsabilité du Gouvernement (article 49.3)

Actors
Christine Pirès Beaune, Marianne Maximi, Karine Lebon
Vote result
Rejected
Rejet des amendements identiques des groupes Socialistes, LFI et GDR (114 voix contre 96)
Source