Taxation in France - Taxes By Source

Taxes By Source

In 2007, revenues amounted to €818.9 bn, or 43.3% of GDP.

There are four beneficiaries of the tax revenues: in 2007, social security administrations have received just over half; the state and the central government bodies near a third; the local administrations (APUL) nearly 13%; the European Union (EU) less than 1%. Direct and indirect taxes account for 62.8% of total revenues in 2007. State resources come almost entirely from taxes. The social security bodies are financed largely by social contributions but also by taxes, including the general social contribution (CSG) and the contribution for the repayement of the social debt (CRDS), which represented in 2007 a quarter of the funding of the Social Security administrations. Local administrations are mostly financed by the four main local direct taxes (housing tax, property taxes and business tax).

Funding of each administration by source in 2007 in%
Administration Direct taxes Indirect taxes Social contributions
Central government 39.5 57.6 3.0
Quasi-autonomous non-governmental organization 54.5 45.5 0
Social Security Administration 19.8 9 71.2
Local government 62.3 37.7 0
Total charges 27.1 35.7 37.2
Funds for each administration in 2007
public administration in billion € % of the total % of the GDP
Central government 292.5 37.9 17.1
Social Security 360,1 47,9 21,1
Local & Regional government 95,2 12,7 5,6
European Union 4,5 0,6 0,3
Total 752,2 100,0 44,0

Read more about this topic:  Taxation In France

Famous quotes containing the words taxes and/or source:

    The contented and economically comfortable have a very discriminating view of government. Nobody is ever indignant about bailing out failed banks and failed savings and loans associations.... But when taxes must be paid for the lower middle class and poor, the government assumes an aspect of wickedness.
    John Kenneth Galbraith (b. 1908)

    Concupiscence and force are the source of all our actions; concupiscence causes voluntary actions, force involuntary ones.
    Blaise Pascal (1623–1662)