CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. France May Cut Tax In Response To Protests

France May Cut Tax In Response To Protests

by Ulrika Lomas,, Brussels

15 April 2019

French Prime Minister Edouard Philippe has said that France should prioritize tax cuts following the conclusion of a three-month national consultation on the Government's economic and tax policies.

After being presented with the findings of the "Great Debate," commenced in December following weeks of protests against certain tax measures, Philippe said on April 8 that "we need to lower taxes and lower them faster."

While Philippe did not announce any specific tax proposals, it has emerged from the consultations that taxpayers are most opposed to high rates of income tax and value-added tax.

The "gilets jaunes" protests, which began towards the end of 2018, initially began in response to the Government's plans to raise taxes on petrol and diesel from January 2019 to help achieve France's carbon reduction targets. However, they quickly escalated into a general protest against the direction of the Government's economic policies.

In December 2018, the Government announced that the fuel tax hikes would be suspended for at least six months, with Philippe acknowledging at the time that taxpayers' discontent runs deeper – that there are long-standing grievances harbored by French taxpayers about social injustice in the tax system for workers.

According to a report published by Eurostat, the European Union's statistical office, in November 2018, France had the highest tax burden in the EU in 2017, with a tax revenue to GDP ratio of 48.4 percent.

TAGS: environment | tax | economics | value added tax (VAT) | fiscal policy | gross domestic product (GDP) | France | individual income tax | Europe

To see today's news, click here.


Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »

Stay Updated

Please enter your email address to join the mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.

To manage your mailing list preferences, please click here »