France should make its nutritional taxes more effective for promoting public health, by hiking rates on sugar-sweetened drinks and extending the levies to other harmful products, according to a report.
The tax and social charges board, which is under the national court of auditors, argues that French taxation of food products lacks “coherence” in its approach to public health.
Among other things, the board recommends toughening and better targeting two existing excise taxes on sugar-sweetened and sweetened beverages to increase their effectiveness as public health tools.
For example, it recommends raising the tax rates and extending them to beverages based on soy and syrups. It also recommends extending the taxes’ range beyond beverages to take in other products containing sugar and other additives harmful to health. (CComptes.fr)
- Treasury, economy, and finance ministers from 16 Latin American and Caribbean countries approved the creation of a tax cooperation platform for the region. (Cepal.org) The move was spurred by regional frustration over how international tax negotiations have proceeded under the OECD. (Project-Syndicate.org)
- A Connecticut man pleaded guilty to defrauding investors in a $1.2 million insurance scam. (Justice.gov)
- The Australian tax authority published a consultation paper with proposals on modernizing the country’s individual tax residency rules. (Treasury.gov.au)
- A new post from Big Law firm Dentons looks at implications of two Canadian government proposals for taxing the digital economy in the country. The proposals include introducing a new 3% digital services tax and implementing new reporting obligations for digital platform operators. (Dentons)
- PricewaterhouseCoopers named longtime international tax partner Guillaume Glon managing partner of its French legal services branch, PwC Société d’Avocats. Glon, who’s been at PwC since 1998, working out of its Paris and New York offices, was a Lyon-based tax manager at Deloitte & Touche earlier in his career. He advises French companies investing abroad and foreign companies investing in France. (Le Monde du Droit)
