Global Trade Alert
Global Trade Alert

France: Income tax reductions for SMEs until 2025

Announcement

26 Jun 2020

In June 2020, the European Commission approved a French state aid measure composed of a scheme through which SMEs can reduce income taxes.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2020

Revocation date:

31 Dec 2025

Updated: 26 Jun 2020
Tax or social insurance relief In force

On 26 June 2020, the EU approved three French state aid schemes in the form of tax-base reduction, as the scheme ‘IR-PME’ allows SMEs to reduce income taxes, for an estimated amount of EUR 100 mill...

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