In France, the versement transport (abbreviated VT) is a hypothecated urban regional payroll tax levied on the total gross salaries of all employees of companies of more than 11 employees,^[1] 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 autorité organisatrice de transport urbain (AOT, "Urban Regional Transport Authority"), the local government authority responsible for organising public transport.

In 2010, for example, this tax financed nearly 40% of the operational cost for the public transport network in Ile-de-France^[2] through the Syndicat des transports d'Île-de-France (STIF), the AOT for the Île-de-France, which includes Paris. The STIF distributed the money between the Régie autonome des transports parisiens (RATP, the metropolitan transport authority), the Société nationale des chemins de fer français (SNCF, the state railway operator) and the Optile group (private companies that operate bus lines in the suburbs).

Expansion

First established in the Paris region, in 1973 the VT was extended to all urban regions of over 300,000 people. In 1974 this was extended to those whose population exceeded 100,000, in 1982, to those over 30,000 (by the "Administration Territoriale de la République" law) and in 1999 to those over 10,000 (the "Loi relative au renforcement et à la simplification de la coopération intercommunale", 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 100,000 may have played a decisive part in the creation of AOTs encompassing several smaller communes, and in the extension of "périmètres de transport urbain" (PTUs, "Urban Transport limits", i.e. essentially the edges of fare zones).

Rates

Usage

In the 1970s, this tax was used to modernise the public transport networks.

External links

Source: legifrance.gouv.fr

• Law:
  • Statutory: Code 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 (in French)
  • Regulatory: Code 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 (in French)
• Special directives for the l'Ile de France : Art. L2531-2 et s. du Code général des collectivités territoriales (CGCT), Art. R2531-7 et s. du CGCT and Art. D2531-2 et s. du CGCT (in French)