diversity in taxation
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Diversity of taxation in France
presenting To, R.srinivas sir, Faculty, Department of commerce, manasa gangotri, mysore.
Corporate Tax Law and Planning
History
Taxation in France started from 1789 aimed at assuring maintenance of the public force and expenditures of administrations
Historically taxes have been are paid either or in share of harvest, but in 14th century tax have been replaced by cash its very easy to both beneficiary and taxpayer
Before 1914, taxes mainly applied to the wealth or incomes from wealth. than turn into various heads in taxation
VAT was introduced in the year 1954
Business was created in 1959
List of taxes
Tax on production and importation
value added tax (VAT) Tax on petroleum products
Tax on wealth
stamps act Wealth tax
Succession and gift taxes
Income taxes
High earning income tax Corporate tax Social tax
Local taxesProfessional taxHousing tax Land tax
Recent Evoluation
The higher tax rate of social
security is due to the general upward trend of social spending, particularly the higher spending on pension and health insurance system. The pension expenditure grew from 11% of the GDP in 1981 to 13% in 2007, and health spending increased from 6% of the GDP to 10% in 2006 over the same period.
Conclusion
The France Taxation system have a very good structure ,but little absence of indirect taxes is effecting the whole national income of France .
Reference
Wikipedia / taxation in France
Angloinfo.com/ France
Presented By,
mahadeva prasad.m 1st MFM , DOS in commerce, Manasa gangotri, Mysore.
Thank you
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