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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