The unconstitutionality of the tax on dividends

06/10/2017 The French constitutional court has by a decision dated October 6, 2017 declared contrary to the constitution the tax on dividends, implying a levy of 3% on the companies. This is because of a of an infringement of the principle of equality. The costs related to the invalidation of this tax were the subject of an initial estimation of the order of nine billion euros.