Bank – Insurance

Hotel and catering industry: The Mayor issues an ultimatum to insurers

Threatening the sector with a tax, the Minister of the Economy, Bruno Le Maire, calls for “at least” a freeze on insurance premiums for cafes, hotels and restaurants. Insurers are open to the idea of ​​a freeze even if the players in the sector feel they are unfairly criticized. New pressure on insurers. Tuesday evening, […]

Budget Taxation

Budget 2020: who will benefit most from the income tax cut

The 5 billion income tax cuts in the draft budget for 2020 respond to a finding made during the “yellow vests” crisis: entry into tax is particularly brutal for the middle classes. The gain will be greatest for income between 20,000 and 25,000 euros per year. During the great debate this winter, many tax proposals […]

Bank – Insurance

How Bercy wants to boost the equity capital of SMEs

An article of the finance bill proposes to neutralize the revaluations of companies’ assets for tax purposes. What to help those who seek bank financing. This is one of the articles that went relatively unnoticed in the 2021 finance bill, but which could make the difference for SMEs lacking equity and in search of financing: […]

Budget Taxation

Tax evasion: Bercy’s new wealth of information on foreign bank accounts

Since the entry into force of the automatic exchange of information, the tax authorities have received information on 3.5 million foreign accounts held by French taxpayers. 86 countries transmitted data, including Switzerland, Luxembourg and tax havens such as Panama or the Cayman Islands. Tax transparency, information exchange, reporting by country … For ten years, international […]

Budget Taxation

VAT, tax optimization, small taxes: the symbolic measures of the 2020 budget

From VAT fraud to the abolition of small taxes, the finance bill includes many tax provisions which will liven up the debates. Apart from the major themes relating to household tax, the Finance bill presented this Friday provides for a series of tax provisions which will animate the parliamentary debates in the fall. Overview. Read […]

Budget Taxation

Budget: the tax litigation bill is on the rise

The cost of serial litigation is estimated at 2.35 billion euros for 2020. After the 3% tax on dividends two years ago, the State suffered new convictions which will require it to reimburse taxpayers. It is now a line of the state budget closely monitored by parliamentarians. Since the case of the 3% tax on […]

Budget Taxation

Darmanin praises the results of the new arsenal against tax fraud

After several years of erosion, the state recovered 5.6 billion euros in revenue through its tax audits in the first nine months of 2019, 40% more than last year at the same period . The transmission of tax files to justice has doubled since the opening of the “lock of Bercy”. The money from tax […]

Budget Taxation

Tax fraud: the Constitutional Council validates the opening of the “lock of Bercy”

The Wise consider that the criteria for the automatic transmission of tax fraud cases to the Public Prosecutor’s Office, created in the fraud law of 2018, do not create a breach of equality before tax. This decision follows an appeal by Afep reflecting the concerns of the business community about the penalization of tax adjustments. […]

Budget Taxation

The State wants to better remunerate the “informers” of the tax authorities

The Finance Committee of the Assembly will examine at the beginning of November several amendments strengthening the status of tax advisers. Socialist deputy Christine Pires-Beaune will propose removing the ceiling of 1 million euros from their remuneration. The finance bill will once again provide an opportunity to improve its tools for combating fraud. During the […]

Budget Taxation

Budget 2020: Bercy rebalances fiscal policy in favor of households

One year after the mobilization of the “yellow vests”, the draft budget for 2020 bears the traces of this social crisis. The finance bill acknowledges the priority given to the purchasing power of households, which will benefit from 9 billion tax cuts. Taxation for companies is expected to drop by 1 billion euros. While the […]