Why could bottled water bring 300 million euros more to the state coffers?

Why could bottled water bring 300 million euros more to the state coffers?
Why could bottled water bring 300 million euros more to the state coffers?

VAT of 5.5 to 20% on bottled water

Nestlé Waters, a subsidiary of the Swiss agri-food giant, admitted in January to having used prohibited disinfection systems to maintain the “food safety” of its mineral waters.

The editorial team advises you

This week, an amendment was voted on in the Senate. He proposes removing the reduced VAT rate on plastic bottled water, currently set at 5.5%. It would therefore increase to 20%. The increase would not apply to bottled water sold overseas. Senators estimated that the measure could bring in between 150 and 300 million euros per year.

The government is opposed to it

The Upper House voted by show of hands for this measure in the draft budget for 2025, against the advice of the government. “In a context where the question of the management of natural resources, corporate responsibility and ecological issues are really at the heart of the debates, it has become necessary to rethink this tax policy,” launched the socialist Hervé Gillé, assuming to defend this measure “in view of the concerns raised by the Nestlé Waters scandal”.

“Not a tax incentive tool. »

The Minister of Public Accounts Laurent Saint-Martin opposed it, arguing that VAT was “not an incentive tax tool”.

-

-

NEXT At Migros in Delémont, report from the volunteers of the boxes of the heart