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French Finance Bill for 2023 Submitted in National Assembly Including Repeal of CVAE in Stages

|Proposed Changes|France
France

The French National Assembly has published the Finance Bill for 2023, which was submitted on 26 September 2022. One important measure of the Finance Bill is for the repeal of the contribution on the added value of companies (Cotisation sur la Valeur Ajoutée des Entreprises - CVAE). As previously reported, the French government had planned to eliminate the CVAE completely in 2023 but decided to instead eliminate it in stages.

The CVAE is currently charged based on company turnover at progres…

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