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Business taxation, David Lisnard

Production taxes: Abolish the C3S and, where appropriate, the CVAE (€11.5bn according to the party)

Direction of change: decrease, compared with current law.

The lever. Taxes paid by businesses irrespective of their profits (CVAE, cotisation foncière, C3S): reduction, abolition or maintenance. Direction rule: ↑ heavier production taxes.

« La suppression de la C3S (Contribution sociale de solidarité au bénéfice de la Sécurité Sociale) et, le cas échéant, de la CVAE (Contribution sur la valeur ajoutée des entreprises au bénéfice des collectivités territoriales) représenterait 11,5 milliards d’euros »1

Translation by the editorsThe abolition of the C3S (social solidarity contribution for Social Security) and, where appropriate, of the CVAE (contribution on companies’ value added for local authorities) would represent 11.5 billion euros

Encoding

Position linked to options of the cost schedule, with no parameter to set: see the costing.

Costing

Announced by the candidate

−€12bn

per year, cost to the public accounts. « représenterait 11,5 milliards d’euros qui s’ajouteraient à la baisse de 10 milliards déjà prévue par le gouvernement » [“would represent 11.5 billion euros, on top of the 10 billion decrease already planned by the government”] (party's costing, predating the recent finance acts)

Published costings

none

No external costing of this position recorded to date.

Our calculation

−€5.2bn

per year for the public accounts, revenue cut.

The calculation

  • Abolition of the C3S (company social solidarity contribution): Option costed by the source: a cost of €5.2bn per year.
  • Abolition of the CVAE (business value-added contribution) (already scheduled for 2030: zero cost in 2032 compared with current policies): Option costed by the source: a cost of €0bn per year.

The abolition of the CVAE (business value-added contribution) is already scheduled for 2030: zero cost in 2032. The party's figure (€11.5bn) predates this law and adds the 2021 cut. Since January 2026, the candidate has announced a broader objective: a €40bn decrease in production taxes, « à commencer par la suppression de la C3S » [“starting with the abolition of the C3S”] (candidate's website, based on a video interview of 21 January 2026), financed by the savings. Beyond the C3S, the taxes targeted are not named: this additional amount is not costed.

Figure announced by the candidate: no gap calculated: the announcement covers a different scope or a different year.

Current law, sources and limits of the cost schedule

Current law. Taxes on production: €132.8bn in 2025. Including CVAE: €4,024m of State revenue in 2025, €4,106m forecast for 2026 and €4,110m in 2027; its abolition, planned for 2027, was postponed to 2030 by the Finance Act for 2025 (Voies et moyens, PLF 2027; €3.7bn paid by businesses in 2025 according to Fipeco). The Finance Act for 2026 contains no article on the CVAE. C3S: €5.2bn (2024). CFE: €7.7bn. Property taxes paid by businesses are included in the €43.1bn of TFPB.

Horizon. Full year; cost to the State, which compensates local authorities with a fraction of VAT.

Limits. Costs = current revenue (static). The abolition of the CVAE (value-added contribution of businesses) in 2030 is confirmed by the Voies et moyens of the PLF 2027 (October 2026); the text of the code général des impôts (General Tax Code) in force could not be consulted on Légifrance (automated access refused), and the adopted text of the finance act for 2026 does not change this timetable. Compared with current policies, the cost in 2032 of an abolition is therefore zero, and maintaining it is a gain: €4.02bn (2025, lower bound) to €4.11bn (2027, central value and upper bound). Cut announced as an amount without a list of the taxes targeted: a pure amount with no named instrument, not costed, cited next to the total (decision 1 of 18 October 2026, the same for all candidates); the reduction in aid announced in return is treated in the same way (“Public aid to businesses” lever). The choice of taxes does not change the static cost; an amount greater than the revenue of a named tax cannot come from that tax alone (CVAE €4.1bn, C3S 5.2, CFE 7.7; €132.8bn for all production taxes in 2025).

  • Fipeco, La CVAE, 2026-07-07: « La loi de finances initiale pour 2025 a majoré le taux de la CVAE applicable en 2026 et 2027 et reporté sa suppression en 2030 ... En 2025, la CVAE prélevée sur les entreprises s'est élevée à 3,7 Md€ ... Le produit de l'ensemble des impôts sur la production s'est élevé à 132,8 Md€ en 2025 »
  • Fipeco, Les impôts sur la production, 2025-11-12: « contribution sociale de solidarité des sociétés, pour 5,2 Md€ ... la cotisation foncière des entreprises (7,7 Md€) »
  • OFCE, Le déficit public devrait diminuer en 2026 et 2027, 2026-04: « Les entreprises seraient plus mises à contribution en 2026 (+7,4 milliards d’euros, 0,2 point de PIB), en raison de l’annulation de la suppression progressive de la CVAE (1,3 milliard d’euros,) mais surtout de l’augmentation de la contribution exceptionnelle sur les grandes entreprises (7,3 milliards, 0,2 point de PIB). »
  • PLF 2027, Évaluation des voies et moyens, tome I (page 32), 2026-10: « Prévue pour être supprimée en 2027, la CVAE sera finalement maintenue jusqu’en 2030, conformément à la loi de finances pour 2025. RETOUR SUR 2025 En 2025, les recettes de CVAE pour l’État ont atteint 4 024 M€, en moins-value de -6 M€ par rapport à la prévision de la LFI pour 2025. […] En 2026, la prévision s’établit à 4 106 M€ […] La prévision s’établit à 4 110 M€ en 2027 »

How to read these amounts. These are static costs and revenues, with no feedback effect, over a full year: nothing on growth, employment or the revenue that economic activity would gain or lose. A higher net cost does not on its own make a worse policy, nor net savings a better one: each programme rests on an economic model (demand-led stimulus, lower compulsory levies, consolidation of the public accounts…) that the cost schedule does not settle. GDP itself measures a volume of activity, not well-being or the usefulness of what is produced. Economic models and feedback effects.

This lever in the method · Costing for David Lisnard

  1. Programme Nouvelle Énergie, « Réussir une nouvelle ambition française ». Read the programme page.

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