The French Finance Bill for 2021 was presented on 28 September 2020 and is currently before the Finance Committee of the National Assembly. The Finance Bill includes measures of the recently announced EUR 100 billion recovery plan to restore the economy following the COVID-19 pandemic. As previously reported, this includes:
- a 50% reduction in the contribution on value added (Cotisation sur la Valeur Ajoutée des Entreprises - CVAE), which is achieved by eliminating the regional share of CVAE…