Tuesday, August 23, 2016

The corporate income tax will be partially lowered to 28% for SMEs – The World

Manuel Valls on leaving the Elysee Palace  on 17 August.

Manuel Valls announced Tuesday, August 23 in an interview with Express that tax companies would be partially lowered from 33.3% to 28% for small and medium enterprises (SMEs) “ on part of their earnings” in the draft budget for 2017. at present, companies pay a corporate tax of 15% to 38 120 euros of annual profit and 33.3% thereafter.

Read also : Bercy board on the decline in corporate tax for SMEs

the Premier also confirmed further reductions in costs for business within the framework of the final tranche of tax credit competitiveness and employment.

Mr. Valls also reaffirms that the public deficit will be below 3% in 2017. A target questioned in June by the Court of Auditors due to new spending since the beginning of the year. By the end of five years, “we will continue to act and innovate, while continuing our efforts to reduce deficits. I confirm here that we will reach our goal, “, says Prime Minister

Read also:. The Court has doubts as forecasts of reducing the public deficit of the government

“Giving the purchasing power to the French”

on a possible new tax cuts in the 2017 budget, Mr Valls ensures that ” arbitrations have not yet been rendered “

” They are related to growth prospects. But the president and I want to continue to restore purchasing power to the French. Different tracks are considered: continuing decline in income tax or increase the premium business. “

François Hollande had said July 14 that any new tax cuts could intervene if the government had the ” certainty “ a higher growth in 2017 than this year and at least 1.7%.

also, this fall, the government “prime [a] also reform social minima with raw simplification measures in the draft social Security financing law “, said the Prime Minister, saying that the fight against insecurity and poverty would also be ” at the heart of presidential “. It reaffirms want to “engage the debate on universal income, provided to clarify the terms and conditions” .



“Gathering voters left is a priority “

the head of government also denounced the ” violence “ statements of Arnaud Montebourg, Benoît Hamon and Cécile Duflot, three former ministers candidates at the Elysee and very critical against Francois Hollande. Mr. Valls judge that “gather leftist voters is a priority” . “The President has a record that he can defend without blushing” , he says, but “the left must be aware that it can be eliminated in the first tower. I appeal to the responsibility of everyone. “

While Mr. Montebourg advocates to overcome the European 3% rule deficits, Mr. Valls said that “the [conducted] since 2012 is not an austerity policy. We have mastered public spending while funding our priorities: the safety of French, employment, education, culture “

” Those who have governed vocation. to meet. (…) The left must come to terms with the French, that’s what interests me. I want to convince them that France needs the left, only she can bring progress, optimism, hope “, added the Prime Minister.

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