What is this new French investment ‘flat tax’?

I hear there is now something called a “flat” tax on investments – what is this?

Previously income from capital-based sources, namely interest, dividends and capital gains on the sales of shares, was subject to the household progressive rate of income tax and social taxes.

But the government has implemented, starting from January 1 last year, what is called a “30% flat tax” on these investment incomes, as well as other gains such ...

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