the National Assembly adopts a new round of taxes against the government’s advice

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2024-11-08 21:11:00

‍ Charles de Courson, MP of the Freedom, Independents, Overseas and ‌Territories (LIOT) group and general⁣ rapporteur on the ⁤budget, at⁤ the National Assembly, 6 November​ 2024, during questions⁤ at the government session. ‌

Penalties for noisy two-wheeled vehicles, tax on share buybacks, strengthening‌ of the tax on financial transactions: the National Assembly‌ on⁤ Friday once again adopted an anthology of taxes, under the leadership of the left ⁢and the National Rally (RN )⁤ and ⁢against the⁣ advice of⁤ the government.

Launched in a race⁢ against time to conclude the examination of the ⁤revenue‍ part of⁣ the state budget by midnight, the deputies adopted at the beginning of the⁢ afternoon an ⁤amendment proposed by La France insoumise (LFI) aimed at creating a tax mechanism​ on​ the buybacks of treasury shares by companies, up to 10%.

They ⁢also approved an amendment tabled by the Chair of the Finance Committee, Eric Coquerel (LFI), to strengthen the effectiveness of the Financial ‍Transaction Tax⁤ by broadening its base, increasing its rate and entrusting the⁣ recovery of the tax to the Directorate-General for⁢ Finance public.

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Gafam tax

Also the adoption ‌of an ‍increase in the Gafam tax on digital giants ⁣from 3⁤ to 5%, due to a heterogeneous alliance between the left, RN but also the Republican Right (DR); a ​mileage ​tax ⁢ “environmental harmonization” (with the voices ⁢of‌ the Navy and the ⁤left); or a tax equal⁤ to 3%‌ of payroll for⁢ companies that do⁤ not comply with the Copé-Zimmerman law on the feminization of corporate management.

More anecdotally, the adoption of an amendment by Aymeric ⁢Caron, relating to the LFI, which establishes a tax​ of 50 euros per animal used ⁤as part ​of a ⁤scientific or‌ educational research ⁣procedure, and⁢ that of an amendment ⁣by ‍ecologists which​ establishes a “noise penalty” on noisier motorized two-⁣ and three-wheeled‍ vehicles. Or even this amendment from the⁢ deputies of the Renaissance group which authorizes beer producers to sell without a licence.

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The deputy (RN) Aurélien Lopez-Liguori managed to get adopted, with​ the votes​ of a part of the left, an ⁤amendment which extends the payment of the‍ tax on the turnover of‍ electronic communications operators to Gafam.

An alliance criticized ‌by the (Renaissance) deputy Pierre Cazeneuve. “All the great fighters in the fight against the far right, where are you? »cry.‍ An accusation made to him a few minutes later by ​the ​MP ‍(Ecologie-Nupes) Benjamin Lucas-Lundy, after the discussion ​of two amendments presented by a MP ⁢from ⁢Renaissance and by a MP from ​LR ⁤aimed at almost quadrupling the stamp duty paid‍ on the occasion of naturalization requests,⁢ from 55 to 200 euros.

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“Inhumans”

These amendments, both rejected, exacerbated the debates, recalled by Eric Coquerel “inhuman”before ⁢Véronique Louwagie, ⁣MP (LR) at the origin of one of them, was moved by it, saying that ⁢she⁣ considered it a “personal attack”.

“I don’t consider⁢ you an⁣ inhuman person”declared​ Mr. Coquerel in a⁤ desire for pacification, replying: “You tell me it hurts you, but⁣ it hurts me,⁤ because for me the French​ republican right is not ⁤the far right. » “I think that a few ⁢years ‌ago you wouldn’t have made‌ this type of proposal”he said.

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Earlier in‍ the day, a series of amendments, this​ time aimed at significantly⁤ increasing the tax on ‌residence ⁤permits, had already sparked discussions. They were ⁣rejected‌ by a ​slim majority in public votes,⁤ suggesting‍ that the government camp is very divided ​on‌ the ⁢issue of immigration, which⁣ should be the subject​ of a new law ‌passed by the Barnier government.

Read also​ | Article reserved for our subscribers ‍ Michel Barnier​ was confronted with the cacophony of his “common base”‍ in the ‍Assembly… and in the government

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Summary⁢ of Recent ‍Legislative Actions ​in the French National‌ Assembly

On‌ November 6, ‍2024, the French National ⁤Assembly, under the ‍leadership of left-wing parties and the​ National⁣ Rally (RN), passed a series of new tax‍ measures against the ⁤government’s recommendations. Key ‍amendments included:

  1. Tax⁤ on Share Buybacks: An amendment proposed by⁣ La France insoumise‍ (LFI) created a tax mechanism for company stock buybacks, instituting a tax rate⁢ of​ up‍ to 10%.
  1. Financial Transaction Tax: An ⁤amendment was⁣ approved to enhance the Financial Transaction ⁤Tax, ⁣broadening its scope ⁤and increasing the rate, with ‌collection responsibility assigned to the Directorate-General for Public ‍Finances.
  1. GAFAM Tax Increase: The tax on major digital⁣ corporations (GAFAM) was increased from 3% to 5%, reflecting a ⁣coalition of left-wing and right-wing parties.
  1. Environmental and Social Tax ⁢Proposals:

– A mileage ​tax labeled as “environmental harmonization” received support from various factions.

– ​A payroll⁤ tax of 3% for companies not complying with the Copé-Zimmerman⁢ law on gender diversity in corporate management was ​established.

  1. Animal Research Tax and Noise Penalties: An amendment introduced a €50 tax per​ animal used in ‍scientific research, and another aimed at penalizing noisy two- and three-wheeled vehicles.
  1. Changes ⁢to Stamp Duty: Proposed amendments to increase stamp duty on naturalization requests were rejected, causing significant debate among representatives.

The discussions highlighted the political divisions in the ‍assembly, notably with critiques aimed⁤ at alliances between left-leaning members ⁢and ⁢the‍ National Rally, challenging the notion of​ unity against far-right policies. Eric Coquerel, the Chair of the Finance Committee, navigated these tumultuous debates, defending his positions and attempting to maintain a level⁢ of civility amidst rising tensions.

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