Aeroports de Paris : New tax proposed, final details still pending but impact likely to be contained
>Proposal of a new tax on certain infrastructure companies - The French Council of Ministers has adopted the proposal for the new finance bill for 2024. The bill includes the introduction of a new tax applicable to certain French transport infrastructure companies, including ADP SA. For ADP, the bill is based on a 4.6% tax applicable to ADP S.A.’s revenues (excl. airport safety and security) and after a deduction of € 120m. For reference purposes, in 2022, the tax wou...Aeroports de Paris is the airport authority that owns and manages the fourteen civil airports and airfields in the Ile-de-France (Paris) area. Co. owns and operates the three main airports of the Ile de France region (Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget), 10 general aviation airfields and the Issy-les-Moulineaux heliport. In the three main airports, Co. provides facilities to accommodate passengers, airlines and cargo and postal services, and offers a range of services. Co.'s activities are divided into five business segments: Aviation, Retail and Services, Real Estate, Airport Investments and Other Activities.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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