France's Budget: Oxfam Proposes Tax on 'Super-Inheritances' to Raise Billions
18 Articles
18 Articles
"We do not disagree at all with the original objective of the Doutreil pact" but it has become "a tool for the benefit of supersuccessions", said Cécile Duflot, managing director of Oxfam France, during an exchange with journalists. The scheme, which bears the name of former SME Minister Renaud Doutreil, has since 2003 promoted the maintenance of family businesses of all sizes within the family, originally to preserve the industrial fabric and a…
The Dutreil Pact allows, in particular, since 2003, subject to a commitment to keep the company for a minimum of six years, to obtain a reduction of 75% on the value of the goods transmitted.
The NGO Oxfam points to the cost of the Doutreil Pact for Public Finance and proposes a reform to limit the tax benefits of corporate transfers The Doutreil Pact on Public Finance
While the government is looking for €54 billion in savings for its next budget, the NGO Oxfam France, which fights inequality, proposes to find part of this amount by taxing super-inheritances.
In a report released this Tuesday, Oxfam considers the Dutreil Pact to be very unfair "because it is extremely concentrated for the benefit of the super-heirs." It calls for a review of this fiscal niche as the "great transmission" approaches.
Coverage Details
Bias Distribution
- 86% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium












