Tax decreaseIn effectLocal business taxationLocal

Gradual abolition of the CVAE

Reduction and then gradual abolition of the CVAE (Cotisation sur la Valeur Ajoutée des Entreprises, a business tax on value added). Halved in 2023, with full abolition phased in until 2030

Measure originators

InitiatorGVT

Bruno Le Maire

Gouvernement

General rapporteurEPR

Jean-René Cazeneuve

Ensemble pour la République

General rapporteurLR

Jean-François Husson

Les Républicains

Impact on public finances

Costs 9.3 bn €/yr2024 estimate · State

Source of the estimate: DGE - Les Thémas de la DGE : La suppression définitive de la CVAE (septembre 2022) (Indirect official figure)

A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.

Effective date

1 January 2023

Measure impact

Abolition postponed to 2030. Rate kept at 0.28% in 2026-2027. The 2026 draft budget bill (PLF 2026) proposed bringing it forward to 2028, but the final act kept the 2030 target. Exceptional contribution of €47.4m required in September 2025.

Sources

Loi de finances 2023 - Article 55Official

30 December 2022

Procedure timeline

Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.

100%

4 / 4 steps

Completed

Administrative implementation

Application

Entrée en vigueur de la mesure et mise en œuvre par l'administration

Ajouter un événement pour la loi 2023-1322 (finances 2024, article 79) qui a modifié le calendrier de suppression de 2024 à 2027 (maintenant 2030). Événement significatif : modification du calendrier initial.

Source

Completed

1 January 2023