The French Government Announces Tax Reforms for 2015
Update from Nair & Co. International Tax Team
(Bristol, UK) - France ...
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The French Government Announces Tax Reforms for 2015

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France has announced plans to reform the tax system in 2015. Changes are likely to fuse personal income tax with the generalized social contribution (CSG).

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Transcript of "The French Government Announces Tax Reforms for 2015"

  1. 1. The French Government Announces Tax Reforms for 2015 Update from Nair & Co. International Tax Team (Bristol, UK) - France has announced plans to reform the tax system in 2015. Changes are likely to fuse personal income tax with the generalized social contribution (CSG). Interestingly, such a move may need detailed analysis due to a structural difference between these two taxes. Tax incentives do not affect the tax base of the CSG; thus, CSG has a broader tax base than personal income tax. Moreover, the CSG is deducted from the taxpayer's salary. The new reforms of the tax system may also lead to the implementation of a new withholding tax system for personal income tax and the elimination of some personal income tax incentives. For more information about doing business overseas or to know more about our International Expansion Services team please contact us. Subscribe to regular global tax compliance alerts from Nair & Co. Get the latest news releases and updates on international tax, HR, Finance, compliance and other legal news at Nair & Co. Industry Alerts. About Nair & Co. Nair & Co., the leader in international business expansion services, provides accounting, HR, legal, tax and compliance services for the set up and management of your international operations. Our model of a single-point-of-contact, supported by internal teams of experienced advisors, helps clients expand business and manage risk so they can focus on their core business and sustain growth with minimal risk, stress and cost. We support nearly 250 clients in over 70 countries. Nair & Co. is headquartered in Bristol, UK, has 450 employees and offices in China, India, Japan, Singapore, and the US. Learn more at www.nair-co.com Media Contacts: For media enquiries or to learn to more about Nair & Co., please email us at media@nair-co.com or call Yvonne Smith at +1.408.501.8867

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