France Targets €15 Billion Recovery from Tax Fraud by 2026 Amid €40 Billion Deficit, Says Minister Amélie de Montchalin

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Updated Apr 16, 2025, 03:05 PM

Amélie de Montchalin, the French Minister for Public Accounts, announced the government's goal to recover €15 billion from tax and social fraud by 2026. This initiative is part of a broader strategy to address a public deficit, with an estimated €40 billion needed to meet fiscal targets. In 2024, the government reportedly recovered €13 billion in similar efforts. De Montchalin emphasized the importance of eliminating unnecessary tax loopholes, stating that such measures could potentially lead to reduced taxes for citizens. She described the current situation as facing an 'industry of fraud' and aims to conduct a comprehensive review of existing tax incentives.

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Sources

leparisien.fr(2)l.lepoint.fr lepoint.fr francetvinfo.fr

BFMTV

@BFMTV

💬 “If we eliminate a lot of niches, our objective is that we can return the money to the French” Amélie de Montchalin wants to do “a major cleaning up” in tax loopholes https://t.co/pNX82qGqTJ

Le Point

@LePoint

Debt: will the government finally tackle tax loopholes? The Minister of Public Accounts Amélie de Montchalin believes that eliminating some of the tax loopholes could reduce taxes in the long term. By @VignaudJuliette ⤵️ https://t.co/dcYFgFDCxQ

Le Point

@LePoint