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French MP releases business tax simplification plan

09 July 2013

Matthew Gilleard - ITR

The French Ministry of Finance has released a tax simplification plan, authored by politician Thierry Mandon, which could see interaction and cooperation between taxpayers and tax authorities reach new levels.

Mandon's simplification plan would streamline and reform the research tax credit (CIR) provisions, lower the administrative burden associated with a tax audit, and simplify corporate tax returns, among other measures. "I will propose to the President a gear shift," said Mandon. "If we are given the means, I can guarantee, with a three-year plan, that it is possible to reduce, by 80%, the burden of administrative complexity for companies. These figures are supported; and this is what I saw abroad." Mandon also wants the simplification process to trigger reconciliation between business and government officials. Dispelling any adversarial relationship should benefit both sides in understanding the intentions and tax policies of authorities and companies. "I think our backs are against the wall. The rebound of the national economy's competitiveness requires reconciliations of this type. It will happen, I think," said Mandon. "We will tell companies: "Look, officials are not your enemies....



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