Production taxes reduced from 2023

The government has definitively decided: the total abolition of the contribution on la cotisation sur la valeur ajoutée des entreprises (CVAE) will take place “as of the 2023 finance law”, confirmed the Prime Minister, Élisabeth Borne. This statement reassures the entrepreneur who were impatiently awaiting the details of the calendar of this presidential campaign promise of Emmanuel Macron.

Considered particularly harmful by the bosses and in particular the industrialists, the CVAE – which concerns companies whose turnover is greater than 500,000 euros – is calculated on the added value produced on French territory. Its abolition should thus give some breathing space to French companies, which are also affected by soaring prices in a context of great uncertainty.

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