France: Finance Bill for 2026 including real estate wealth tax was introduced to National Assembly

On 14 October 2025, the Government introduced the Finance Bill for 2026 (No. 1906) to the National Assembly. Chapter II bis of Title IV of Part One of Book One of the General Tax Code, which establishes the Real Estate Wealth Tax (IFI), continued to apply a progressive tax to non-professional real estate assets held by individuals when the net taxable value exceeded EUR 1.3 million. The Bill maintained the existing structure of the IFI, focused exclusively on real estate assets not allocated to a professional activity, without extending the scope of taxation to other forms of wealth such as digital assets, financial investments, or movable property.