French tax system affects corporate competitiveness and public purchasing power
April 06, 2022 08:36 Source: "China Social Sciences" April 6, 2022 Total 2381 Author: Zhao Yan/Compilation

  Bet365 app download March 29,The official website of the French Institute of Economic Research Institute published a research report jointly drafted by the researcher Nicolas Marques and Cécile Philippe,The report focuses on the relationship between French tax system and corporate competitiveness and public purchasing power,Proposal compared with other major European economies,France's measures in enterprises and personal taxes still need to be improved and strengthened。

According to data from the EU Statistical Bureau,As early as before the epidemic in the new crown pneumonia,The net profit margin of French companies in 2019 is far lower than the UK、Germany、Italy and other European countries,The decline in profit has weakened the competitiveness of French companies。Report to point out,This shows that this lack of competitiveness is closely related to French unreasonable tax Bet365 lotto review system。Although in 2021,The reduction of production tax increases the net profit of the enterprise slightly,But the profitability of French companies still lag behind other European countries。Report name,The compulsory taxes paid by French companies after deducting subsidies are still higher than the average level of other EU member states,The weighted tax burden doubled affects the competitiveness of French companies。

This report pointed out,In recent years,French social insurance payment and personal taxes are relatively high in wage income,This not only increases bet365 live casino games the cost of corporate labor,also reduced the purchasing power。French companies are hired by one person,If you need to pay a lot of social amount of money。After deducting the necessary payment and taxes, the vast majority of employees,The salary income at hand is significantly lower than that of other major European economies。Obviously,High taxes continue to weaken the ability of the people to create wealth,also leading to the decline in the purchasing power of the people。

 (Zhao Yan/Compilation)

Editor in charge: Chen Jing
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