The players in the retail, embittered by the 50% increase in the tax on retail space passed Tuesday by the National Assembly suspended the agreement on contract generation and canceled all ongoing labor negotiations .dropoff window
The government has to make new enemies, near supermarkets this time. Late Tuesday, the National Assembly voted with the government's approval of certain amendments PS deputies, environmentalists and leftist radicals that increase Tascom (tax on commercial space for retail, Editor's note) .dropoff window Reason? Correct some "windfall" tax credit of competitive employment (CICE, see box). This increase of 50% Tascom establishments the sales area exceeds 2,500 m³, applicable to taxes due for the year 2015 could yield 200 million euros to the state budget.
Signs were quick to react. In a statement Wednesday, the Federation of Commerce and Distribution (FCD) believes that this increase "no justification" and what is simply to "cancel cuts imposed loads for two years."
"We do not accept to be punctured again, while the trade is already the most taxed economic sector in France, with more than 80 taxes. The creation of this new tax will result in the elimination of 8,000 jobs less, "warned the FDC from 30 November. In retaliation, she announced Wednesday the suspension of the implementation of the agreement on contract generation - it provided 30,000 young hires over three years and cancels all social negotiations, including those on the counterparties pact responsibility. It also calls on the President of the Republic to "do respect the commitments fiscal stability (...) and cancel these irresponsible decisions that will reverse the activity and employment in France."
Supermarkets estimated 35,000 jobs threatened
Main beneficiary of CICE behind the Post Office, Retail believes that this device has "fostered the creation of 14,000 new jobs in 2013". According FCD, recent measures taken or announced (integration of breaks in reduced charges, Bill consumption , increased Tascom, restrictions on the opening evening shops, etc.) will result by the removal of 35,000 jobs in the sector in the short term.
The Tascom should bring 200 million in 2015
The Tascom, which affects food and non-food retail space in excess of 2,500 m2, is primarily hypermarkets. The text states that voted yesterday administrative authorizations openings give a local virtual monopoly distributors and that they have benefited from the CICE even though they do not compete with foreign companies.
"It is normal for large areas covered are more taxed than other shops, due to their market position, their bargaining power over suppliers and the importance of protecting small businesses in the city center" said yesterday before MPs Christian Eckert, the Secretary of State for the Budget.
The Tascom now amounts to 34.12 euros per square meter per year. It would cost an estimated CM-CIC Securities, about 100 million euros to Leclerc, highly exposed to very large areas, 70 million to 30 million to Carrefour and Casino. The increase in this tax should report to the State of EUR 200 million in 2015.