Minister of the Economy, Finance and Industry (France)
Overview
 
The Minister for the Economy, Industry and Employment (Ministre de l'économie, de l'industrie et de l'emploi), or Minister of Finance for short, is one of the most prominent positions in the cabinet
French government ministers
The Cabinet of France is a body of top administration members of the Prime Minister's Cabinet. In French, the word gouvernement generally refers to the "Administration", but in a narrower sense to the Cabinet.The Council is responsible to the French National Assembly...

 of France after the Prime Minister
Prime Minister of France
The Prime Minister of France in the Fifth Republic is the head of government and of the Council of Ministers of France. The head of state is the President of the French Republic...

.

It now has a colleague of equal rank: the Minister for the Budget, Public Accounts, the Civil Service and State Reform (Ministre du budget, des comptes publics, de la fonction publique et de la réforme de l'État).
Encyclopedia
The Minister for the Economy, Industry and Employment (Ministre de l'économie, de l'industrie et de l'emploi), or Minister of Finance for short, is one of the most prominent positions in the cabinet
French government ministers
The Cabinet of France is a body of top administration members of the Prime Minister's Cabinet. In French, the word gouvernement generally refers to the "Administration", but in a narrower sense to the Cabinet.The Council is responsible to the French National Assembly...

 of France after the Prime Minister
Prime Minister of France
The Prime Minister of France in the Fifth Republic is the head of government and of the Council of Ministers of France. The head of state is the President of the French Republic...

.

It now has a colleague of equal rank: the Minister for the Budget, Public Accounts, the Civil Service and State Reform (Ministre du budget, des comptes publics, de la fonction publique et de la réforme de l'État). This ministry is responsible for the government real estate strategy through Service France Domaine
Service France Domaine
Service France Domaine is a French government agency, which plays a central role in the property management of state-owned real estate in France. France Domaine acts as the owner of the state real estate, and advises various public administrations in activities related to real estate, for instance...

.

The exact title of the minister has varied throughout time; it may not always include "economy", "industry", or "finances".

The Minister oversees:
  • the drafting of taxation laws by exercising direct authority over the Tax Policy Board (Direction de la législation fiscale) of the Department of Revenue (:fr:Direction générale des impôts);
  • national funds and financial and economic system, especially with the Office of the Treasurer and Receiver General (Direction générale du Trésor et de la politique économique), not to be confused with the Public Treasury (Trésor Public), that is the Office of the Comptroller-General (Direction générale de la comptabilité publique) under the authority of the Minister of Budget);
  • the development, regulation and control of economy including industry, tourism, small business, competition, and consumer security, and other matters excluding energy, industrial security, environmental affairs and transportations which are under the authority of the Ministre d’Etat, Minister for Ecology and Sustainable Planning and Development;
  • employment policies and career education.


By her authority above the financial assets of the State, the financial and economic national system and the taxation rules, the Minister is allowed to represent France in the European Union council of the minister of the Economy and Finance (ECOFIN).

See: http://www.minefi.gouv.fr/directions_services/sircom/ministere/organigramme_minefe.htm

The current Minister for the Economy, Industry and Employment is Francois Baroin
François Baroin
François Baroin is a French politician, recently appointed Finance Minister, following a stint as Minister of the Budget in the François Fillon III government...

.

The Minister for the Budget, Public Accounts, the Civil Service and State Reform

The Minister for the Budget, Public Accounts, the Civil Service and State Reform supervises:
  • the preparation of the finance law (budget
    Budget
    A budget is a financial plan and a list of all planned expenses and revenues. It is a plan for saving, borrowing and spending. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods...

    ) (with the help of his colleague Minister for the Economy, Industry and Employment in taxation ruling matters, he requires the Board for Tax Policy of the Direction générale des impôts), which is then submitted to Parliament
    Parliament of France
    The French Parliament is the bicameral legislature of the French Republic, consisting of the Senate and the National Assembly . Each assembly conducts legislative sessions at a separate location in Paris: the Palais du Luxembourg for the Senate, the Palais Bourbon for the National Assembly.Each...

     for amendment
    Law
    Law is a system of rules and guidelines which are enforced through social institutions to govern behavior, wherever possible. It shapes politics, economics and society in numerous ways and serves as a social mediator of relations between people. Contract law regulates everything from buying a bus...

     and final approval;
  • the taxation system :
  • the accounting of the State and all public bodies (by the Direction générale de la comptablilité publique
    Trésor public
    The Trésor public is the national administration of the Treasury in France. It is headed by the general direction of public accountancy in the Ministry of the Economy, Finance and Industry....

    ).


See: http://www.budget.gouv.fr/

The French taxation
Taxation in France
Taxation in France is determined by the yearly budget vote by the French Parliament, which determines which kinds of taxes can be levied and which rates can be applied.-Overview:...

 system is supervised by three separate board:
  • the Direction générale des impôts for tax evaluation and collecting some taxes such as VAT
    Vat
    Vat or VAT may refer to:* A type of container such as a barrel, storage tank, or tub, often constructed of welded sheet stainless steel, and used for holding, storing, and processing liquids such as milk, wine, and beer...

     or corporate tax
    Corporate tax
    Many countries impose corporate tax or company tax on the income or capital of some types of legal entities. A similar tax may be imposed at state or lower levels. The taxes may also be referred to as income tax or capital tax. Entities treated as partnerships are generally not taxed at the...

    ;
  • the Direction générale de la comptablilité publique (or Trésor Public) for collecting some other taxes calculated by the Direction générale des impôts including income tax
    Income tax
    An income tax is a tax levied on the income of individuals or businesses . Various income tax systems exist, with varying degrees of tax incidence. Income taxation can be progressive, proportional, or regressive. When the tax is levied on the income of companies, it is often called a corporate...

     or local taxes based on Estate locative value.
  • the Direction générale des douanes et des droits indirects for customs
    Customs
    Customs is an authority or agency in a country responsible for collecting and safeguarding customs duties and for controlling the flow of goods including animals, transports, personal effects and hazardous items in and out of a country...

    , for tax on petrol and fuels and for special indirect taxes
    Indirect tax
    The term indirect tax has more than one meaning.In the colloquial sense, an indirect tax is a tax collected by an intermediary from the person who bears the ultimate economic burden of the tax...

     such as taxes on alcohol, tobacco, etc.);

The taxation information system
Information system
An information system - or application landscape - is any combination of information technology and people's activities that support operations, management, and decision making. In a very broad sense, the term information system is frequently used to refer to the interaction between people,...

 are being modernised by the so-called Copernic tax project
Copernic tax project
Copernic project is undergoing a major modernisation programme in France that willrecast and upgrade the entire fiscal information system in the country. Copernic project is set...

.
By delegation of the Prime Minister, he supervises also the Public Services (essentially statutes and salaries of the State, local and hospital Public Services) and the modernisation of the State (including computing means).

He is responsible with their colleagues for Health, Youth and Sport and for Labour, Labour Relations and Solidarity of the equilibrium of social accounts.

See: http://www.minefi.gouv.fr/directions_services/sircom/ministere/organigramme_mbcpfp.htm

The current Minister for the Budget, Public Accounts, the Civil Service and the Reform of the State is François Baroin
François Baroin
François Baroin is a French politician, recently appointed Finance Minister, following a stint as Minister of the Budget in the François Fillon III government...

.

Location

The Ministry of Finances is situated in Bercy
Bercy
Bercy is a neighborhood in the 12th arrondissement of Paris. It is the city's 47th administrative neighborhood. -History:Some of the oldest vestiges of human occupation in Paris were found on the territory of Bercy, dating from the late Neolithic . The name of Bercy, or Bercix, appeared for the...

, a district in Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...

 (in the 12th arrondissement
XIIe arrondissement
The 12th arrondissement of Paris is one of the 20 arrondissements of the capital city of France....

). The building extends to the Seine River, where there is an embarcadero with fast river boats for faster liaisons to other government agencies.

That is why the French media often refer to it as simply "Bercy". The sentence the Bercy Fortress (la forteresse de Bercy) refers to the Ministry as a dark department with obtuse civil servants, especially of high rank. That is emphasized by the impressive look of the building.

For evident practical reasons, the two ministers share the building and some common services that were under the former ministry of Economy, Finances and Industry.

See also

  • List of Finance Ministers of France
  • Superintendent of Finances
    Superintendent of Finances
    The Superintendent of Finances was the name of the minister in charge of finances in France from 1561 to 1661. The position was abolished in 1661 with the downfall of Nicolas Fouquet, and a new position was created, the Controller-General of Finances....

     - French Minister of Finance 1561–1661
  • Controller-General of Finances
    Controller-General of Finances
    The Controller-General of Finances was the name of the minister in charge of finances in France from 1661 to 1791. The position replaced the former position of Superintendent of Finances , which was abolished with the downfall of Nicolas Fouquet.- History :The term "contrôleur général" in...

    - French Minister of Finance 1661–1791

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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