The minister of Economy, Bruno Le Maire, has said it supported “more fiscal autonomy” in Corsica and wanted to “take advantage of tax credits”, during a visit to Ajaccio on Monday. “The tax credit innovation could go from 20% to 40%” and the research “of 30% to 50%,” said Bruno Le Maire, during the presentation, the elected island and professionals, it is a controversial relationship of the general Inspectorate of finance (IGF), presents an overview of the state of tax policy in Corsica.
“The tax credit investment to be broadened so that more SMES benefit from them,” added the minister, who has invited the president of the executive Council of Corsica, Gilles Simeoni, as well as “those who wish” to defend the folder with him to Brussels in the coming months.
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take account of the insularity
But the main stumbling block of the discussions lies in the tax status individual wanted by the Corsican Assembly. “The emergency is to be registered in the finance law in 2019, the three tax credits. And we will be happy to go to Brussels to act, by the european institutions, of the need to take into account the island,” responded Gilles Simeoni. The elected corsica also intends to go to Brussels “to build, from a proposal range in common, a true tax status, and social, which has been recognized since 1994, even if there is a ridge on the side of the government, to empty it of its substance”.
For his part, the president of the Assembly of Corsica, Jean-Guy Talamoni, has demanded a tax status specifically for the island at the end of his meeting with Bruno Le Maire. “We are at the beginning of a process to build the special status of tax and social welfare of the Corsica because, for the time being, our businesses are not up to par with those of the continent: we call for the respect of law and of justice, not a privilege,” he told the press.
The Corsican criticize the report of the IGF
Jean-Guy Talamoni was also critical of the report “contemptuous” of the IGF, that “vehicle of ideas tattered as the fact that the island is too rich to benefit from a status that is derogatory, but too poor for the fiscal autonomy”. “The tax status is not a privilege,” he added. On Sunday, the president of the Corsican assembly, had found the report “very bad”.
The report, unveiled on Friday by our colleagues from France 3 Corse, presented 24 proposals: to align the VAT rate on new construction, currently 10 % ,on the rate of continental, to pursue public investment programmes, or improve the rate of research tax credit and innovation. But the IGF also pointed the finger at the price of fuel, estimated to be 6.5% more expensive than on the mainland despite a VAT rate lower, and advocated standardizing the tax on alcohol and tobacco. As a reminder, there is no tax on the local wines in Corsica, the taxation on tobacco is reduced and many products have a VAT relief.
At the end of the meeting of this Monday, to the satisfaction of the elected officials in corsica, Bruno Le Maire explained that “some of the ideas developed in the report seem to me to be useful, others will not be repeated, as the increase of the VAT on the wine produced in Corsica or on the new construction”. Overall, Bercy wants to focus your fire on three areas: tourism (which accounts for about one-third in GDP on the island, according to the Insee), the digital (where the island is in delay) and finally agriculture (about 2% of GDP).