The future government has already announced its desire to tax employees more via the CST, the Territorial Solidarity Contribution. Business leaders warn, they will not be able to assume a tax increase. On the other hand, they want a drop in expenses to continue investing and recruiting. They ask the future government to reform health prevention to limit the costs of caring for the sick
In this accounting firm, forty employees who manage 500 clients year-round. The company pays 25% corporation tax, it was 40% ten years ago. The Fritch government has revised the tax rate downwards but throughout Polynesia, the direct tax rate is 40% against 45% in France. Almost identical, despite a sharing of powers between the State and the country in Polynesia.
Same thing for traders, there is no question for them of seeing their taxation increase. They want to be able to continue investing and hiring. With five to ten employees on average, they would already be stretched thin. Private investment represents 120 billion Pacific francs in Polynesia.
Business leaders are against raising taxes to make up for the deficit of the CPS, the Caisse de Prévoyance Sociale. They ask the government to focus more on obesity prevention and employment. The employment rate is very low in Polynesia, barely one person in two.
Business leaders are clear in their speech: no increase in taxation possible without jeopardizing the economic sector.
2023-05-03 01:48:04
#Business #leaders #pay #taxes #Polynésie #1ère
