The Brewer Morris European salary guide provides insight into the key industry trends facing tax professionals. Our report includes both a complete breakdown of salaries, firstly by country then tax specialism, as well as a market commentary for each specific region. We are delighted to have insight from tax leaders across a variety of European countries to support this guide. They highlight the key challenges facing the European market which include: digitalisation, tax transparency & BEPS.
Below is an extract from the France section.
In the summer of 2017 the French Government announced plans to make circa. €11bn worth of tax cuts in an attempt to make the economy more competitive with other international business hubs. Subsequently France will increasingly be seen as an attractive place to do business ultimately creating further hiring opportunities. With the fallout from Brexit still under discussion, and with many firms weighing up where best to base themselves when considering a move from the UK, the French Government has made it clear they are looking to lure City firms from London to Paris.
With a reduced corporation tax rate of 25% from 2022 (Companies currently pay a minimum of 33.3%, rising to 50% depending on revenue) France may well appear high up on the list of attractive business destinations.