Under the chairmanship of Teva Rohfristch, Vice-president of French Polynesia, the advisory committee for tax incentives approval issued last Friday, a favourable opinion on 4 investment programs representing a total of 2.7 billion XPF investments.
The amount of tax credits and corporate tax exemptions in the operating phase equals 801 million XPF.
These projects will create 23 direct jobs from the operating start and maintain 92 existing jobs.
Applications for approval will be presented shortly to the committee for Budget and Financial Control of the Assembly of French Polynesia.
As a reminder, in 2019, 26 applications for approval were received in addition to the files already in process. The country approved 16 investment programs for a total of 12.94 billion XPF, and a total support equivalent to 5.27 billion FXPF tax credits and tax exemptions.
These projects will create 223 direct jobs from the operating start.
Source : https://www.presidence.pf/27-milliards-fcfp-dinvestissements-prives-soutenus-par-le-pays-au-titre-de-la-defiscalisation-locale/
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