Tag: VAT
VAT receipts up 8.9% in 2022
Revenue from value added tax (VAT) in France grew by 8.9% in 2022, faster than inflation, the Directorate General of Public Finance (DGFiP) reported on Tuesday. These revenues have increased…
“A European directive on VAT risks causing a drying up of heritage and a reduction in the cultural offer”
Uhe European directive on VAT, with serious consequences for the French artistic scene, was unanimously adopted by European Council of twenty-seven Member States, 5 April 2022. Although it does not…
The reduction in VAT, not very effective in protecting purchasing power and fighting against inequalities, News/Actu Impôts
Called for by the RN, regularly debated, in particular since the rise in inflation, the reduction in VAT, on energy or food prices for example, would not be as effective…
“Lower VAT”, an unsuitable track to support purchasing power, according to an organ of the Court of Auditors
By Emma Confrere Posted yesterday at 6:56 p.m., Update yesterday at 7:25 p.m. In France, five VAT rates exist, two of which are reduced. stock.adobe.com If this idea had been…
lowering VAT, an ineffective measure for purchasing power according to a report
Lowering VAT to support household purchasing power? The Council of compulsory levies on Thursday deemed such a measure, sometimes suggested to deal with soaring inflation and energy bills, ineffective. In…
Replacing the audiovisual tax with VAT: easy, but unequal?
Vincent Mannessier January 18, 2023 at 6:15 p.m. 60 Delphine Ernotte, director of France Télévisions © Delphine Ghosarossian / France Télévisions In 2022, the government kept one of its promises:…
Michel-Édouard Leclerc in favor of a reduction in VAT on basic necessities
In the midst of trade negotiations with suppliers, the leader, guest of the “Grand Jury-RTL-Le Figaro-LCI”, stigmatizes multinational food companies. He enjoys playing the role of the White Knight serving…
Spain: Pedro Sanchez draws a more targeted anti-inflation plan, VAT on basic foodstuffs abolished
Pedro Sanchez, the Spanish prime minister, announced new measures to deal with inflation. PIERRE-PHILIPPE MARCOU/AFP The Spanish Prime Minister announces a sixth package of aid measures for households and businesses.…
Spanish government abolishes VAT on basic necessities
Pedro Sanchez during his press conference in Madrid on December 27, 2022. PIERRE-PHILIPPE MARCOU / AFP The Spanish government, on the left, announced Tuesday, December 27 the abolition of VAT…
VAT takes on the next doubling of sales
VAT’s vacuum valves are now ubiquitous in factories in the semiconductor industry. The company has hardly any competition in its lucrative niche. Sales are expected to reach around 2 billion…
The Senate votes for a reduced rate of VAT in public transport
The right-wing majority Senate voted Monday, against the advice of the government, to reduce the VAT rate in public transport for the equine sector or even margarine. Proposals to reduce…
Canal+ increases its prices to compensate for the doubling of its VAT
In June 2022, Bercy decided to increase Canal+’s VAT rate. As the crypto channel negotiated for a 5.5% cut, it ended up with a 20% rate. Unsurprisingly, Canal+ intends to…