France’s Medef Criticizes Valls Small Company Tax Cut Plan
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French employers’ association Medef has criticized plans by Prime Minister Manuel Valls to reduce taxes on small companies.
The proposals are “too complex”, Medef deputy vice-president Geoffroy Roux de Bezieux wrote in a statement. “Businesses need clear signals and not new complexities.” Valls announced his plan to reduce small company tax rate to 28% in an interview in L’Express published Wednesday.