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Starting July 1, France will sink value added tax for its ailing gastronomy sector from 19.6 to 5.5 percent. In its leading article the regional paper L'Est Républicain comments: "Will the restaurant owners pass on the tax cut? In general people in the trade say yes. It's got to be said, the government is putting on a fancy spread to invigorate a culinary brigade which is of the greatest importance for tourism in France and for the job market. In exchange for a measure that will cost the state three billion euros, restaurant owners are ready to invest in the future. ... They have promised to grease the palms of their staff: dish washers, head waiters, wine stewards will all benefit. ... In turn the bosses have promised to create 40,000 jobs within two years."
» full article (external link, French) More from the press review on the subject » EU Policy, » Tax Policy, » France All available articles from » Jean-Louis Antoine
» To the complete press review of Monday, June 29, 2009
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