In France

France

The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

, the versement transport (abbreviated VT) is a hypothecated

Hypothecation (taxation)

The hypothecation of a tax is the dedication of the revenue from a specific tax for a particular expenditure purpose. Hypothecation is the pledging of assets....

 local tax levied on the total gross salaries of all employees of companies of more than nine employees, originally intended to raise capital for investment in local public transport infrastructure, but more and more used to cover its operating expenses. The tax is levied on the employer, not the employee directly. The money is directed to the (AOT, "Urban Regional Transport Authority"), the local government authority responsible for organising public transport.

In 2008, for example, this tax provided nearly 70% of the funding for the (STIF), the AOT for the Île-de-France

Île-de-France

Île-de-France may refer to:In places:* Île-de-France , historical province of France* Île-de-France , modern French administrative région* Île-de-France , constituency in the European Parliament...

, which includes Paris

Paris

Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...

. The STIF distributed the money between the Régie autonome des transports parisiens (RATP, the metropolitan transport authority) and the Société nationale des chemins de fer français (SNCF, the state railway operator).

Expansion

First established in the Paris region, in 1973 the VT was extended to all communities of over people. IN !974 this was extended to those whose population exceeded , in 1982, to those over (by the "Administration Territoriale de la République" law) and in 1999 to those over (the , more commonly known as the Chevènement law). The money is directed to the local autorité organisatrice de transport urbain. Between 1975 and 1982, the minimum population being fixed at may have played a decisive part in the creation of AOTs encompassing several smaller communes, and in the extension of (PTUs, "Urban Transport limits", i.e. essentially the edges of fare zones).

General

The VT rate is variable depending on the size of the population in the PTU. Since 2011, it is limited to 0.9% for PTUs with fewer than inhabitants.

Île de France

• 2.6% in Paris and the Département of Hauts-de-Seine
  Hauts-de-Seine
  Hauts-de-Seine is designated number 92 of the 101 départements in France. It is part of the Île-de-France region, and covers the western inner suburbs of Paris...
  
  
• 1.7% in the Départements of Seine-Saint-Denis
  Seine-Saint-Denis
  - Culture :A number of hip hop artists come from the Seine-Saint-Denis, including one of the first major hip-hop groups in France, NTM, as well as Lord Kossity, or more recent acts such as Tandem or Sefyu.- Miscellaneous topics :...
  
   and Val-de-Marne
  Val-de-Marne
  Val-de-Marne is a French department, named after the Marne River, located in the Île-de-France region. The department is situated to the southeast of the city of Paris.- Geography :...
  
  
• 1.4% in the Départements of Essonne
  Essonne
  Essonne is a French department in the region of Île-de-France. It is named after the Essonne River.It was formed on 1 January 1968 when Seine-et-Oise was split into smaller departments.- History :...
  
  , Yvelines
  Yvelines
  Yvelines is a French department in the region of Île-de-France.-History:Yvelines was created from the western part of the defunct department of Seine-et-Oise on 1 January 1968 in accordance with a law passed on 10 January 1964 and a décret d'application from 26 February 1965.It gained the...
  
  , Val-d'Oise
  Val-d'Oise
  Val-d'Oise is a French department, created in 1968 after the split of the Seine-et-Oise department and located in the Île-de-France region. In local slang, it is known as "quatre-vingt quinze" or "neuf cinq"...
  
   and Seine-et-Marne
  Seine-et-Marne
  Seine-et-Marne is a French department, named after the Seine and Marne rivers, and located in the Île-de-France region.- History:Seine-et-Marne is one of the original 83 departments, created on March 4, 1790 during the French Revolution in application of the law of December 22, 1789...
  
  .

Supplements

• an AOT can set its tax at 1.75% if it provides the service itself (a ) rather than contracting it out
• An extra 0.05 % may be raised if the AOT is a , a or a
• Since July 2010, another 0.2% may be raised if at least one commune in the PTU Is classed as a tourist destination.

Deductions

Employers who grow to exceed the threshold of nine employees are exempt from paying transport tax for three years and receive a discount of 75% the fourth year, 50% the fifth year and 25% in year six.

External links

Source: legifrance.gouv.fr

• Law:
  • Statutory: http://www.legifrance.gouv.fr/affichCode.do?idSectionTA=LEGISCTA000006181011&cidTexte=LEGITEXT000006070633&dateTexte=vigCode général des collectivités territoriales, Partie législative, Deuxième partie : La commune, Livre III : Finances communales, Titre III : Recette, Chapitre III : Taxes, redevances ou versements non prévus par le code général des impôts, Section 8 : Versement destiné aux transports en commun, Articles L2333-64 à L2333-64]
  • Regulatory: http://www.legifrance.gouv.fr/affichCode.do?idSectionTA=LEGISCTA000006181468&cidTexte=LEGITEXT000006070633&dateTexte=vigCode général des collectivités territoriales, Partie réglementaire, Deuxième partie : La commune, Livre III : Finances communales, Titre III : Recette, Chapitre III : Taxes, redevances ou versements non prévus par le code général des impôts, Section 8 : Versement destiné aux transports en commun, Articles D2333-83 à R2333-104-1]
• Special directives for the l'Ile de France : , and