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Historically taxes have been are paid either or in share of harvest, but in 14th century tax have been replaced by cash its very easy to both beneficiary and taxpayer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