26996
France to Cut Taxes
World Economy

France to Cut Taxes

The French government will cut taxes for a total of €11 billion ($12.3 billion) next year, according to budget plans that aim to loosen up an economy burdened with high unemployment and weak growth, AP reported. The budget detailed Wednesday in a cabinet meeting is the first under President Francois Hollande to meet the government’s deficit targets. The government plans €9 billion in corporate tax breaks to boost hiring and investment. The amount is part of a €40 billion plan staggered from 2014 to 2017 to support French business. Income taxes will be cut by €2 billion.

 

Short URL : https://goo.gl/yPVi4Y
  1. https://goo.gl/XJqJHL
  • https://goo.gl/scq2WV
  • https://goo.gl/c3ir6m
  • https://goo.gl/pf194Q
  • https://goo.gl/2P1x5w

You can also read ...

French Foreign Minister Jean-Yves Le Drian addresses CEDRE Conference in Paris on April 6, with Lebanese Prime Minister Saad Hariri on his right.
With the FIFA World Cup over and French victory secured,...
Dubai’s new business licenses in the second quarter of 2018 were down 26% from the same period in 2016.
In Dubai’s posh Jumeirah Beach residence district, luxury...
Handout picture shows IMF Managing Director Christine Lagarde on a screen as she speaks  during the G20 meeting taking place in Buenos Aires, on July 21.
The International Monetary Fund warned world economic leaders...
Germany Lifts Turkey Sanctions
Germany has lifted economic sanctions on Turkey and relaxed...
Farnborough Airshow Announces $192b in Orders
England’s Farnborough airshow this week saw deals worth $192...
Australia  Faces Massive Economic Crash
Australia is facing an economic shock akin the global...
IFC to Inject $2 Billion in Egypt’s Private Sector
International Finance Corporation, a member of the World Bank...
According to a survey, 75.3% are facing difficulties in running their businesses this year.
South Korea’s major business lobby said Sunday it will file an...

Trending

Googleplus