Monday, December 14, 2009France

Zero-rated cosmetics... before they were!


Who said anything about a cosmetic tax? Forget it: it was removed… before it even existed!

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 15 December 2009 It was mentioned in this same section on 4 December last . As part of the discussion of the 2010 Finance Bill, the Senate had introduced an amendment providing for the introduction of a tax to be paid by cosmetic companies whose profits should go to the .

As we were already saying then, this provision was adopted against the advice of the government… which simply, and even before the Joint Joint Committee was held on December 14, obtained its deletion.

Forget the tax: our cream jars (and their manufacturers) can keep smiling!

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