The deficit could reach 6.3% of GDP by the end of the year

If nothing is done, the deficit could reach 6.3% of GDP this year according to our information. For this reason, a modified finance bill becomes essential to correct the situation in 2024, which, according to some parliamentarians, will be “a real robbery” to companies that will pay retroactive taxes on their results for the year. A surcharge on corporate tax would have already been agreed. “If it is a unique situation, that’s fine, if this exceptional leak continues in 2025, it runs the risk of remaining stagnant,” indicates a representative of the employers’ association. To be continued…

And also

• Patricio Martín

This week’s interview with the president of Medef in Parisian indicating that employers were open to tax increases if the State did its part of the job by reducing spending, made some people at Medef cough.

Although French companies are already the ones that pay the most taxes in the OECD, several member federations, who discovered the interview in the press, expressed their discontent to the boss of the bosses.

“We would never have let such stupidity come to light if we had been informed,” says a member of the executive council of the employers’ organization. It must be said that Lépine’s tax competition has returned to the government, with several threats to companies: questions. of rate reductions, reduction of the CIR, increase in the “fixed tax”, reform of the Dutreil pact or even a return of the ISF.

• The CIR discussed

Every year, the research tax credit comes under attack during consideration of the finance bill. Bercy has been trying for some time to limit the budget’s first fiscal expenditure, which today costs more than 7 billion euros.

Matignon and the Elysée have always vetoed any modification, in order to protect this symbol of the country’s attractiveness.

The negotiations are now developing in reverse. Matignon, seeking savings of several tens of billions, could reduce the CIR by 400 million, while some newcomers to Bercy fight not to touch it.

Will the Elysée have a voice?