A rescript was issued providing clarification on the application of reduced value-added tax (VAT) rates for companies in the personal services sector. The rescript specifies that these companies may be eligible for a reduced VAT rate of either 10% or 5.5%, as defined in the French General Tax Code. The document includes references to related materials on VAT rates and the taxation of services provided by personal services businesses.
Source: bofip.impots.gouv.fr
