- The Finance Law 2024 modifies the conditions for the VAT exemption of furnished rentals, hotels, and similar establishments to address unfair competition.
- Before the Finance Law 2024, certain accommodations were automatically subject to VAT, while others were exempt.
- The Council of State raised concerns about unfair competition between hotels and certain Airbnb rentals that were exempt from VAT.
- The Council of State proposed considering the duration of the stay as a criterion for VAT exemption.
- The Finance Law 2024 has taken this proposal into account and has specified the conditions for VAT exemption for para-hotel services.
- The list of establishments automatically subject to VAT has been abolished.
- The new law provides more precision regarding the VAT regime for furnished rentals and para-hotel services.
Source: mathez-formation.fr
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
