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French industry in bid to modify devices sales tax

This article was originally published in Clinica

Executive Summary

The French medical device industry association, SNITEM, has put forward two possible amendments to the government's proposal to nearly double the industry's tax from 0.15% of pre-tax turnover to 0.28% for all manufacturers earning over some E736,000 ($854,000), aiming to reduce to amount companies will have to pay. Its chances of success, however, are limited, SNITEM, director general Odile Orbin told Clinica.

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