France announces draft 2014 budget — lighter tax burden for businesses

By Linda E S Pfatteicher

France’s draft budget law for 2014 was presented to parliament on 25 September 2013 and is now under discussion in the National Assembly and Senate.

It proposes reforms to rekindle France’s sluggish economy and fix the record-high deficit and unemployment rate, including a lighter tax burden on businesses, €15bn (£12.6bn) in public spending cuts, a higher VAT and higher taxes on households…

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