The first effects are felt.
“
In June and September, we paid the tax authorities 50% of the amount of CVAE that we would normally have had to pay.
This makes a very big difference in terms of cash, which is welcome, ”
says Bénédicte Caron, director of three Super U stores and vice-president of CPME.
The CVAE?
It is the contribution on the added value of companies which, although little known, is one of the many taxes on production in the crosshairs of employers.
It is now halved, just like certain property taxes owed by manufacturers.
After years of fierce struggle initiated by Medef, the business world has indeed succeeded in convincing the executive to take action, the coronavirus crisis having undeniably helped.
Decided as part of the recovery plan last fall for application this year, the massive 10 billion euros reduction in production taxes - out of a total of 70 billion - gives a breath of fresh air
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