The cuts targeted VATThe reduced rates to 5

EMPLOYMENT

It is one of the main objectives of niches, at a cost of EUR 40 billion.

The relief of chargessur low wages

At a cost of $ 22.1 billion in 2010, this device is considered "effective" in terms of employment (800,000 jobs created or saved since 1993). The report is limited to two developments to recenter the device on the unskilled. The first is the annualization of the calculation of the relief (which provides the PLFSS for 2011) saving 2.2 billion at a cost of 20,000 to 90,000 jobs. The second is to calculate the rate of relief on the base of the CSG and on gross salary (2 billion of savings expected). Council of mandatory levies (OPF) suggests also refocus the tax credit learning, reduce exemptions of contributions for home businesses and those for the hiring of casual workers in the agricultural sector.

The cuts targeted VAT

The reduced rates to 5.5 per cent for intensive sectors (housing, restaurant, hotel) labour were "limited impact, at a high cost" ( 10 billion). Is therefore proposed to remove VAT to 5.5 in the restoration (EUR 3 billion in 2010) or, "in default", the meet between 10 to 12. The POC is favourable to the creation of an intermediate rate of VAT from 10 to 12. Applied to the areas of labour, it would bring 3.2 to 4.6 billion.

Overtime

The POC is especially critical on this device Lighthouse Act Tepa "effect on growth is" less than the cost (4.1 billion). Noting that it did not change the relationship between cycle of activity and use of overtime, he proposed to delete it or adapt it to target the more modest income. In this perspective, the removal of the exemption of the income tax would add EUR 1.2 billion.

DEVELOPMENT OF ENTERPRISES

The report points "a multitude of poorly targeted devices.

Transmission of business

The effectiveness of the eight exemption regimes professional gains that coexist "was not proven", despite a cost increased by the exemption from social security payments. The report proposes to reinstate all of capital gains of professional assignment in social security contributions, assessed performance base between 340 and 775 million euros.

The exemption from the more valuesà long term on the e assignment equity securities

Commonly called "breeds Copé", implementing this costly device (6 billion in 2009) accompanied with strong effects of windfall, judge the report. But the questioning "deep of this scheme is not desirable in the absence of economic assessment" of its effects. Because it would probably lead "to financial packages from holdings" located in other European States.

Financing of SMEs

Incentives by heritage tax relief are not "convincing". Lai SMEs for investment in his own company, the effects of windfall may be important. Beyond measures to limit the abuse in the PLF 2011, the POC proposes to align the rates of reduction of EWB (75) on the rate of reduction of IR (25).

The regime "mother-girls".

To eliminate double taxation of dividends from already taxed profits, its cost is "exponential" since the 1990s (35 billion in 2009). To the limit, it is proposed to raise the rate of detention in the subsidiary from 5 to 10.

The global regime consolidated

Costing EUR 302 million and benefiting only 5 groups, its deletion is proposed.

The research tax credit

Its cost has increased (4.2 billion in 2010) but it is comparable to that of the United States and the Japan devices. Having "a significant potential impact on R & D", it is not called into question but some adjustments are proposed: clarification of eligible expenditure, strengthening controls, and revision of certain modes of calculation. It is proposed to lower the threshold for passage (EUR 100 million today) to the reduced rate of 5 or to calculate the scale of the group, not each subsidiary, to limit the optimization.

PURCHASING POWER

Niche business to increase the purchasing power of their employees cost EUR 25 billion, amounting to "disproportionate on the effects of inequality that they are accompanied and boon", stated yesterday Didier Migaud, the Chairman of the POC.

The savings

A cost of EUR 9 billion, the effectiveness of the devices appears to be "considerably undermined due to a likely substitution of the savings to increases in gross wages". The funds paid in respect of participation and engagement grew 8 to 10 per year since 2000, against a growth of 4 of payroll. In addition, the savings is essentially to large enterprises and the more affluent employees. The reintegration of 20 of the amount exempt from social security contributions would EUR 1.6 billion economy, suggests the report, which also proposes to bring the affected benefits (cheques-Vacances, restoration... titles) to the CSG and the DRES.

Supplementary social protection

The participation of the employer to the employees mutual is exempted any social levy except CSG and CRDS, for profits of 4.5 billion euros (7.5 billion with the other tax benefits). Believing that this exemption "increases inequalities of access to care", the POC proposes to tighten the eligibility of the responsible for contracts and meet from 8 to 16 rate of tax contingency, for a performance of 720 million euros.

Pensions hats

Is proposed of "morality" by contributing rents as soon as the first euro (as required by the draft law on pensions) and to raise the levy rate at the same level as that of wages.

Breach of the contract of employment benefits

They are far from their original objective of reparation of moral damage. The report proposes to reinstate in base of social security contributions paid allowances, as the moral prejudice is not found. The POC also proposes to limit the exemption of severance ceiling minimum legal or conventional level or to a fixed threshold.