US EditionPolicy. Lower Vat Revenue: the Assembly Reopens Finance on Monday 2025
10 Articles
10 Articles
In the evening, MPs must seize the end-of-management bill, a "technical" text adjusting the 2025 finances, but also very political, with particular focus on the causes of the drop in VAT revenues.
ledauphine.com
As of Monday, MPs are looking at the end-of-management bill (PLFG), which adjusts the 2025 finances. The key point will be the debate on the reduction of VAT revenues.
In the sitting on Monday, November 17, the MPs reopened the public finance issue through the draft end-of-management bill (PLFG), which is supposed to adjust the state's accounts for 2025, reveals an unexpected flaw: the drop in VAT revenues. This fall would reach €5 billion, while the taxable base continues to grow. Bercy immediately launched an internal audit mission to identify what is missing from the tax radar. VAT: A shortfall that upsets …
After two years of considerably lower returns than expected, the return on VAT was again overestimated by Bercy in 2025. The hole reached 3.7 billion euros compared to the state budget revised by François Bayrou
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