An employer is liable to pay a social cohesion fund contribution of 2% on the amount of the emoluments of the employees employed by him (without any restriction as to the amount of the emoluments).
The contribution to this fund substitutes the employer’s contribution to the defence fund on the employees’ emoluments.
Exemption: The foreign employee’s emoluments, employed by an International Business Company, are exempted from the contribution to the social cohesion fund.
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