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New tax and social measures announced

|Proposed Changes|France; French Guiana; Martinique; Mayot ...
France; French Guiana; Martinique; Mayotte; Guadeloupe; Reunion

On 8 April 2014, the new Prime Minister announced new tax and social measures to the National Assembly. The key measures are summarized below.

Corporate taxation

- The standard rate of corporate income tax (impôt sur les sociétés) would be gradually reduced to 28% (instead of 33.33%) in 2020 starting from 2016.

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