Re:Paris Eyes Luring 20K Bankers from London Amid Brexit Rup...
by vidarh on Thursday January 05, 2017 @02:22PM
(#13330456)
> If some employee receives 2000 euros, usually the company has to provision 3000 to 4000 euros. Most of those labor taxes go to the social security organism which has a budget as large as the state budget. (Edited for grammar and clarity)
This is similar in the UK with employers national insurance contributions.
Total tax wedge in France is higher than the UK and higher than the OECD average, but still in line with Germany according to the OECD [1], just as I stated. Note that the OECD tax wedge data covers total cost paid by both employees and employers.
This is similar in the UK with employers national insurance contributions.
Total tax wedge in France is higher than the UK and higher than the OECD average, but still in line with Germany according to the OECD [1], just as I stated. Note that the OECD tax wedge data covers total cost paid by both employees and employers.
[1] https://data.oecd.org/tax/tax-wedge.htm#indicator-chart