2023-11-25 13:23:36
Senators unanimously approved on Saturday the deletion in the 2024 budget of an article establishing advantageous tax measures in favor of “international sports federations”, first and foremost Fifa.
According to parliamentary sources, the few RDPI senators (presidential majority) present abstained or did not participate in the vote, carried out by show of hands. The government, for its part, supported the article in question, and should logically reinstate it when the budget (PLF) returns to the Assembly, and will probably be adopted via the constitutional weapon of 49.3.
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The system offers an exemption from corporate tax, business property tax and business value added contribution, as well as an exemption from income tax for employees of these federations domiciled in France for five years. following their “first taking office”.
An “obscene tax gift”
Senators from almost all benches took turns denouncing a “disproportionate, incomprehensible, scandalous and, in turn, obscene” tax gift (Francis Szpiner, LR), a “scandalous and iniquitous” system (Eric Jeansannetas, PS), an advantage “indecent” particularly with regard to the amateur sports movement (Pascal Savoldelli, PCF).
The Minister Delegate in charge of Public Accounts, Thomas Cazenave, defended a tax provision which “is part of a global strategy” to make France a “sporting nation”, and stressed that this advantage would not concern the “lucrative” activities of the Fifa or another federation, citing television rights, sponsorship, brands, derivative products.
(With AFP)
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