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France: Government decreases the budget of tax credits scheme to foster innovation for the 2021 fiscal year

Description

On 29 December 2020, the French government published the 2021 Finance Law, decreasing the budget of the tax credit scheme to foster innovation investments in the country. The annual budget was reduced...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2021

Revocation date

31 Dec 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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