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Drug wholesalers stand up against taxation

2020-10-21T07:21:56.845Z


This profession bears the brunt of falling prices and regulatory planes.Wholesale distributors are hoping for a tax cut this week. In France, these 7 companies, which buy drugs and distribute them to 21,000 pharmacies in France, employ 12,000 employees for 17.6 billion euros in turnover, but they have been accumulating losses for years. The examination of the Social Security financing bill in the National Assembly will perhaps enable them to obtain success. Thirteen


Wholesale distributors are hoping for a tax cut this week.

In France, these 7 companies, which buy drugs and distribute them to 21,000 pharmacies in France, employ 12,000 employees for 17.6 billion euros in turnover, but they have been accumulating losses for years.

The examination of the Social Security financing bill in the National Assembly will perhaps enable them to obtain success.

Thirteen amendments tabled by deputies from all sides relate, in fact, to one of the taxes affecting the sector since the 1990s, the Acoss tax.

Calculated on the basis of the increase in turnover, in 2019 it resulted in a contribution of 180 million euros from wholesalers distributors, to which is added 70 million paid by laboratories.

"

This contribution has become totally uneconomic and confiscatory,

" said deputy Agnès Firmin Le Bodo (Agir Ensemble).

She asks for a reduction of this tax, of 1.72

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Source: lefigaro

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