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Production taxes reduced from 2023

2022-07-06T19:06:10.342Z


Its removal should give some breathing space to French companies affected by soaring prices. The government has definitively decided: the total abolition of the contribution on the added value of companies (CVAE) will take place "as of the 2023 finance law" , confirmed the Prime Minister, Élisabeth Borne, during her general policy statement before the National Assembly, Wednesday. What reassure the bosses who were impatiently awaiting the details of the calendar of this presidential campa


The government has definitively decided: the total abolition of the contribution on the added value of companies (CVAE) will take place

"as of the 2023 finance law"

, confirmed the Prime Minister, Élisabeth Borne, during her general policy statement before the National Assembly, Wednesday.

What reassure the bosses who were impatiently awaiting the details of the calendar of this presidential campaign promise of Emmanuel Macron.

Read also

Will the executive really lower production taxes?

A few weeks ago, the question of carrying out the abolition of this production tax in two stages still arose in the face of the country's over-indebtedness which increasingly limits the financial room for manoeuvre.

In concrete terms

(with this deletion) , it

is nearly 8 billion that will make it possible to strengthen the competitiveness of our companies, three-quarters of SMEs and ETIs

.

Concretely, too, we will compensate for this loss of resources with the communities

, ”said the tenant of Matignon.

Considered particularly harmful by the bosses and in particular the industrialists, the CVAE - which concerns companies whose turnover is greater than 500,000 euros - is calculated on the added value produced on French territory.

Its abolition should thus give some breathing space to French companies, which are also affected by soaring prices in a context of great uncertainty.

Read also

Reduce capital taxation by taxing land, the idea of ​​the Circle of Economists

This measure is in any case a new step after the first reduction of 10 billion in production taxes - out of more than 70 billion - which had been decided by the executive in the midst of the coronavirus crisis to revive the economy and which applies from.

The fact remains that even with this significant new tax relief of nearly 8 billion euros, France is still far from the mark, still remaining among the countries where production taxes weigh the heaviest and thus affecting the competitiveness of French companies. .

To align with other European countries, a cut of 35 billion is recommended.

» Discover our practical works to better declare your taxes and your assets

here

.

Source: lefigaro

All news articles on 2022-07-06

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