The country goes to checkout

It is time to look at the country. After revoking the retroactivity of the Twati Pomare tax code provisions, the government must correct its copy through a collective budget to bring the accounts back into balance, which must be voted on in the plenary session of Parliament this Wednesday. Tahiti Information It has been widely reported that the financial impact of the cancellation is twofold, as the state must claim the funds on one hand and repay them on the other.

As for the 343.7 million francs adjusted, the tax authorities are still perplexed. Especially since the State is still looking for a legal way not to have to claim this money, so as not to alienate the people concerned, first of all the car dealers. They are indeed the ones who bear the heaviest burden since the tax exemption system that hybrid and electric vehicles benefited from was abolished with the abolition of the tax law, and the government’s attempts to reverse the situation have also failed. The results of the competition show that the import duties and taxes on these green vehicles are indeed borne by the dealers, so they owe the State 267 million francs.

Awaiting the opinion of the Administrative Court

It hurts. Likewise, companies that import certain construction materials owe a debt of 37 million francs, and even first-time buyers of buildings or building land must adjust to around 30 million francs. We better understand why Tevaiti Pomare is trying to find a solution so that the government can get out of the obligation to claim these sums. Therefore, before proposing such an amendment, and in order to avoid possible new sanctions from the Council of State, the Ministry of Finance took the lead this time to seek the opinion of the Administrative Court. He is still waiting for her return.

But it is simpler in the case of “reimbursements”, for which the State has already begun to regulate the situation. Let us remember that the “Fénix” clearance software allows the debtor (in this case the State) to know the name of the creditor and the nature and amount of the tax he must repay. Thus, since July 12, the Directorate of Taxes and Public Contributions (DICP) has issued a “liquidation statement” ordering the Directorate of Budget and Finance (DBF) to reimburse the sums improperly collected by the State: a total of 154.4 million francs. Since last week, this document has been in the hands of the Public Treasury, which must now pay this money to the various stakeholders involved.

170 people affected by TMC compensation

This is particularly true for the eight car dealers in the region, which will receive 24 million francs in compensation for the registration tax (TMC) on 170 vehicles.^yes January and April 11. You should be aware that the payment of TMC and the Environmental Tax on Vehicle Recycling (TERV) is a necessary prerequisite for registering a vehicle and that the rates of these taxes vary depending on the technical characteristics of the vehicle in question.

For example, for a 9 hp petrol car, the CIF value plus all import duties is 3 million francs and the TMC amount is 240,000 francs. But if we take the average, it is 141,000 francs per person. This is not a lot. Now, it is the responsibility of each dealer to get closer to the 170 relevant customers and vice versa. This will not happen overnight.

The richest tobacco dealer

However, don’t worry about the tobacconists, who are probably the only ones who are happy about the legal battles associated with the repeal of the tax, which is clearly in their favor. Tahiti Information It has been reported that they have taken the lion’s share of the “reimbursement”. The state will refund them 106 million francs due to the increase in tobacco prices caused by the cancellation of the higher taxes stipulated in the text. This is all good for them, because it is simply impossible to contact those who bought cigarettes at higher prices during this period.

The country has thus completed part of the $154.4 million it had to repay. He now remains to settle the most difficult matter: the claim for 343.7 million francs.