changes since 2022.
2019, France voted the new "PACTE
Law" (for "Action Plan for Business Growth
and Transformation"), aiming at doubling employee
share ownerhip in France, with a 10% stake
to be held by employees by 2030. In this view,
the corporate social contribution due on incentive
plans ("forfait social") is reduced from 20
to 10% for public companies and it is even
abolished for SMEs.
In 2019 and 2020, many countries introduced
exemption tax regimes to promote the use of
stock options in startups. So did successively
The Netherlands, Sweden,
recently, France reduced its
"forfait social" tax to zero
in 2021 for many employee share plans, and
Germany multiplied by four its
fiscal incentives from 360 to 1.440€
annually from 1.7.2021.
Norway removed all incentives
of recent policy decisions in European countries