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General

French budget bill closes press tax loophole for telecom bundles from March 2018

Thursday 28 December 2017 | 09:01 CET | News
The French government's 2018 budget bill, approved in parliament on 21 December, has set for next March the introduction of new VAT rules applicable to online press services offered as part of fixed broadband and mobile bundles. The measures aim to close a tax loophole based on a disputed method used by telecom operators to determine the proportion of the bundle benefiting from the special 2.1 percent VAT rate applicable to newspapers.

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Categories: General
Companies: Bouygues Telecom / Orange France / SFR
Countries: France
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