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Traders demand the abolition of a sector specific tax

2020-09-24T12:23:42.931Z


The French Commerce Council calls for the elimination of TaSCom, a production tax which brings in one billion euros per year to the state.


The Council of Commerce of France wants the government to remove the tax on commercial surfaces so that traders, who have suffered greatly from the health crisis, can "

modernize

" and "

develop a sustainable activity

", according to a statement released Thursday.

Read also: Production taxes: the government's compromise is not unanimous

This association which brings together around thirty professional federations "

calls for the abolition of the TaSCom, production tax weighing on the shops of traders

", indicates the document.

This tax on commercial areas brings in one billion euros per year, according to the French Commerce Council.

Digital transformation

"

For the revival of France and its trade, we believe that it is preferable to immediately waive a billion in taxes to allow traders to modernize and develop a sustainable activity, source of new tax revenue.

», Commented William Koeberlé, the president of the organization, quoted in the press release.

The abolition of this tax "

would give traders new capacities to invest in their digital transformation

", he specified in particular.

As part of the recovery plan, the government has planned to reduce production taxes paid by companies by 20 billion euros, a measure long demanded by employers.

Read also: Production taxes: the challenge of compensation

This decrease will require a halving of the contribution on the added value of companies (CVAE) - which concerns many companies - and a halving of property taxes (CFE) weighing on industrial sites.

Source: lefigaro

All business articles on 2020-09-24

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