Abolition of several low-yield taxes

The 2020 Finance Act abolishes a series of low-yield taxes, including the tax on high rents for small dwellings ("Apparu tax"), the cereal solidarity contribution, several registration duties, the driving licence tax, the levy due when food advertising lacks health information, the vaping levy allocated to Anses and the fixed fee paid by railway companies to the Transport Regulatory Authority. Other abolitions (three car penalties, the tax on first sales of medical devices, certain EPSF resources) take effect on 1 January 2021. The tax on certain advertising expenditure, which the initial bill proposed to abolish, was kept.