Home > News > World
Wednesday January 15, 2014 MYT 12:05:01 AM
Wednesday January 15, 2014 MYT 12:06:01 AM
PARIS (Reuters) - French President Francois Hollande said on Tuesday that France must produce "more and better" by easing the tax burden on companies and announced the phasing out of employer family welfare payroll charges.
"From now until 2017, for businesses and for self-employed workers, we will end family welfare contributions," said Hollande, who said it would reduce their tax burden by 30 billion euros (24.8 billion pounds).
Speaking to journalists in a New Year's news conference at the Elysee Palace, he said companies would be expected in return to commit to numerical targets for job creation and training, to be negotiated with trade unions and the government.
(Reporting By Alexandria Sage; Editing by Paul Taylor)
Mexican judge suspends U.S. extradition order for fugitive 'Chapo' Guzman
Exclusive - Walkout at Taliban leadership meeting raises spectre of split
U.S. Marines declare initial F-35 squadron ready for combat
Venezuela supermarket looting leaves one dead, dozens detained
Vaccine success holds hope for end to deadly scourge of Ebola
Iraq's Kurdistan laments caught in middle of Turkey-PKK fight
Stay out, ‘polluters’ told
Startups in spotlight at new Hong Kong tech meet
Fishing for your dinner
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)