Bruno Lemaire on July 7, 2020. - PROSDOCIMI EMMA / SIPA

Relieve businesses in turmoil? The executive recovery plan will provide for a 20 billion euro drop in production taxes that weigh on businesses, Matignon told AFP on Thursday.

This is a significant reduction, since the annual income from these taxes represents more than 70 billion euros. The Minister of the Economy Bruno Le Maire had already announced his intention to “massively lower them”, starting with the CVAE (contribution on the added value of businesses), paid to the regions.

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  • Taxes
  • Business
  • Jean Castex
  • Matignon
  • Economy