Groupe Canal + pay extra for French cinema - September 18, 2010
It's time for financial and tax maneuvers. The increase to 19.6% VAT of only triple play packages allowed Canal + to avoid the worst, a drain of 200 million euros. However, the Ministry of Economy and Finance estimates that the pay-TV operators have no reason not to participate in the tax effort called the whole sector. But the government hopes that this effort is done directly for the creation.
Major contributor
One solution advocated today is to increase the participation of Canal + Account in support of film and audiovisual (Cosipa). Already, the pay-TV operators pay a graduated tax of up to 4.5% of their turnover subscribers when it exceeds 500 million euros low interest rate personal loans.Canal + is one of the main contributors. Under like CanalSat, Canal +, the group of Bertrand Meheut contribute annually a hundred million euros. To this we must add 200 million euros that the group pays primarily under the pre-sales and purchase works of French and European.
The National Centre for Cinematography (CNC), which plans to retain "the services of television as a central actor in film financing, pushing for a solution which would increase the rates of different scales that make up this tax. It remains to determine the maximum amount of the increase. Bertrand Meheut had indicated he was ready to make some effort, but did not hide be ready to fight if the threshold was exceeded.