- France’s finance bill proposes doubling VAT on pay-TV subscriptions from the reduced 10% rate to the standard 20% rate.
- Canal+ says the VAT increase would cost it about €200 million a year and could force it to withdraw from its €1 billion film-financing commitment for 2028-2032.
- If Canal+ reduced support to only its regulatory minimum, its annual cinema contribution could fall to around €50 million.
- The bill also proposes cutting in half the tax rebate/allowance on advertising revenues for platforms such as YouTube and TikTok, which currently benefit from a 66% allowance.
Source: variety.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.
Latest Posts in "France"
- France making changes to VAT legislation from 1 January 2027
- France VAT Reduced-Rate Eligibility Thresholds for Social Homeownership In 2026
- France: Reduced VAT for Social Home Ownership Operations
- France: VAT Repayment Letter Template for Reduced-Rate Adjustment
- France: Reduced VAT Rates for Social and Medical-Social Facility Premises
