#2020-1721French Finance Law for 2021
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This law outlines France's financial budget for 2021, establishing expected public administration balances and detailing taxes and resources. It affects taxes, local governments, and financial regulations, providing insights into public spending priorities.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Establishment of financial budget for 2021
- Detailed tax regulations
- Allocation of public resources
Obligations
What this law requires
Collect and remit income tax (Impôt sur le revenu) with estimated 2021 revenue of €92,835,138,856
Collect and remit corporate income tax (Impôt sur les sociétés) with estimated 2021 revenue of €62,984,885,027
Collect and remit Value Added Tax (TVA) with estimated 2021 revenue of €145,493,491,163
Collect Real Estate Wealth Tax (Impôt sur la fortune immobilière) with estimated 2021 revenue of €2,146,000,000
Collect and remit Digital Services Tax (Taxe sur les services numériques) with estimated 2021 revenue of €358,300,000