- Article 83 of the law from December 29, 2023, modifies VAT rules for art, collectibles, and antiques.
- EU law allows reduced VAT rates for these items from January 1, 2025.
- Margin scheme for resellers is excluded if reduced VAT was applied on acquisition.
- Margin taxation applies to resales from non-VAT liable sellers, but not eligible for reduced VAT.
- From January 1, 2025, a 5.5 percent reduced rate applies in France for certain deliveries, imports, and acquisitions.
- Doctrinal comments are updated to reflect these changes.
- Public consultation is open from May 14 to June 14, 2025, for feedback via email.
- Only signed contributions will be considered.
Source: bofip.impots.gouv.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.
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