- The French General Directorate of Public Finance updated the administrative doctrine on May 28
- The update concerns the decreased basic VAT exemption thresholds
- The implementation of the basic exemption turnover thresholds is postponed to December 31 from March 1
- The threshold is 25000 euros for 2024
- The threshold is 27500 euros for 2025
Source: news.bloombergtax.com
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.
