The president of the French Banking Federation (FBF), Daniel Baal, spoke against the maintenance of the surcharge on the corporate tax established this year, in an interview published in the Daily Economos dated Tuesday.
This surcharge, presented last year as exceptional, but that the resigned Prime Minister Sébastien Lecornu imagined that renewing to complete the next budget is a tax “on” fact in France. “It makes no sense!”, Daniel Baal specified.
It should be said that the chaired group, the Credit Mutuel, was presented this year an invoice of 400 million euros in this regard.
Credit Mutuel, such as Credit Agricole (330 million euros), the common entity to popular banks and savings funds (BPCE, 140 million euros) and postal bank (130 million euros in the first half), pay for most of the contribution of French banks, whose total would be around the billion euros, according to Daniel Baal.
BNP Paribas will only pay only tens of millions of euros, in February said the deputy director of BNP Paribas Thierry Laborde. The impact for Société Générale is “limited,” said Bank Slawomir Kupa in February.
Despite their size, these two bank giants show a corporate tax credit balance last year in France, according to their latest annual report.
Balaying any concern of the French banks “for themselves” in the face of political uncertainty, the leader has punished “the budgetary generosity of the State for more than 50 years” and the “failed dissolution” decided by the President of the Republic Emmanuel Macron in June 2024.
Source: BFM TV
