{"id":9832,"date":"2009-02-09T00:00:00","date_gmt":"2009-02-09T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"controversial-french-business-tax-to-be-abolished","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2009\/controversial-french-business-tax-to-be-abolished.html","title":{"rendered":"Controversial French Business Tax To Be Abolished"},"content":{"rendered":"<p>Tax-news.com &#8211; Endeavouring to assuage fears and re-establish public confidence in the wake of one-day nationwide strikes, French President Nicolas Sarkozy has announced that local business tax or &lsquo;taxe professionnelle&rsquo; will finally be abolished in 2010. <\/p>\n<p>Expressing his determination to uphold his predecessor Jacques Chirac&rsquo;s promise to end the highly controversial tax, President Sarkozy has underlined the importance of the measure &ndash; vital to maintaining industry in France and ultimately to the preservation of jobs, despite a total cost to the state estimated at EUR8bn.<\/p>\n<p>Created in 1975 &ndash; ironically by the then Prime Minister Chirac &ndash; business tax forms one of four direct local taxes collected by councils, and represents around half of their tax revenue. <\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.tax-news.com\/asp\/story\/Controversial_French_Business_Tax_To_Be_Abolished_xxxx34990.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tax-news.com &#8211; Endeavouring to assuage fears and re-establish public confidence in the wake of one-day nationwide strikes, French President Nicolas Sarkozy has announced that local business tax or &lsquo;taxe professionnelle&rsquo; will finally be abolished in 2010. Expressing his determination to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7194,7192,1812,7189,7188,7191,5992,7196,7190,7198,3325,1317,7193,7199,7197,7195],"class_list":["post-9832","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-business-tax","tag-controversial-tax","tag-fears","tag-french-president-nicolas","tag-french-president-nicolas-sarkozy","tag-jacques-chirac","tag-jobs","tag-local-taxes","tag-nicolas-sarkozy","tag-predecessor","tag-president-nicolas-sarkozy","tag-prime-minister","tag-public-confidence","tag-strikes","tag-tax-forms","tag-tax-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9832"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9832\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}