EXCLUSIVE Production tax cut could be spread over two years

EXCLUSIVE Production tax cut could be spread over two years

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Posted Sep 8, 2022, 7:25 PMUpdated on Sep 8, 2022 at 7:34 PM

The energy crisis could force the government to revise its budgetary plans. While the new reduction in production taxes for around 8 billion was expected to take place as early as 2023, it could finally be spread over two years in order to contain the public deficit, according to several sources.

Last July, Elisabeth Borne, had nevertheless announced in his general policy speech want the contribution on the added value of companies (CVAE) to be “Abolished from the 2023 finance law”. And the Prime Minister had confirmed it at the Medef summer universities. A new boost of 8 billion euros for companies, after a first reduction in these production taxes of 10 billion euros initiated during the first five-year term of Emmanuel Macron.

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