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. Hollande Eyes French Local Tax Reform

Hollande Eyes French Local Tax Reform

by Ulrika Lomas, Tax-News.com, Brussels

06 March 2012


During a recent visit to Dijon, French Socialist presidential candidate François Hollande pledged to reform local taxation in France, to strengthen the power of the regions, and to grant them increased fiscal autonomy.

Lamenting the fact that over the course of the last five years the fiscal autonomy of the regions in France has been diminished, Hollande promised to initiate “a new stage of decentralization”. Under Hollande’s proposals, a high regional council would be established, composed of elected representatives and under the leadership of the Senate, to meet regularly with state representatives to identify priorities, to discuss key reform projects affecting local authorities, and to put forward their proposals.

According to Hollande, the planned reform of local taxation has just one objective, namely justice; justice between taxpayers and justice between the regions.

Underscoring that local tax is a key element of communal and municipal autonomy, of which they, together with the regions, are now almost entirely deprived, Hollande underlined the need for elected local representatives to have the responsibility to independently determine local contributions and to account for the use of public money.

President of the French Senate Jean-Pierre Bel, also a Socialist Party member, has also recently put forward his own ambitious ideas for local tax reform, including plans to redistribute taxes between the regions, departments and communes, and to grant local assemblies the possibility of changing tax rates.

Bel also suggested that the French departments could receive a fraction of the general social contribution (CSG).

TAGS: tax | economics | fiscal policy | budget | France | tax reform

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 Tax-News.com 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 »