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France Considering Tax Measures to Promote Investment

|Proposed Changes|France
France

During the recent Europlace Financial Forum, French Prime Minister Manuel Valls announced tax measures that the government is currently considering in order to promote investment in the country, especially in the financial sector. The measures include:

  • Reducing the statutory corporate income tax rate from 33.33% to 28% by 2020;
  • Reducing local taxes;
  • Extending the period of individual income tax benefits for "inpatriates" coming to work in France from five years to eight years; and
  • Introducin…

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