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FRANCE VAT REFUND

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FRANCE VAT TAX

The version of VAT termed as taxe sur la valeur ajoutee or TVA in France. The VAT (value-added-tax) is one of the most significant taxes in France. It is an indirect tax.

At present, the value added tax donates considerable share of the state finance in France. 45% of the French state revenues are derived from VAT. In France, the value added tax is imposed on all types of general consumption. The VAT is collected in connection with the supply of goods, or the provision of a service, transfer of ownership, importation, purchase or intra Community acquisition. The VAT is levied on the prices of fees for goods and services, including all applicable charges and taxes other than VAT.

In France the Value Added Tax is figured in the price of a product. If you see something marked at 10 euros, then that is what you will pay, not 10 euros plus 19.6%.

Since 1 September 2006, if deliveries of goods or provisions of services subject to VAT in France (e.g.: selling a show in France) are made by taxpayers having no permanent establishment in France, the tax due in this respect must be declared and paid by the client if the latter has a VAT identification number in France

The rate of VAT tax rate normally in France is 19.6 %. This rate is applicable for Most goods and services. A reduced tax rate is 5.5 %. Reduced rate will be applied to some particular segments like agricultural products, most foodstuffs, books and most public entertainments. There also exist another VAT rate termed as super reduced rate, it is 2.1 %. This rate is eligible for medicinal products and newspapers.

The tax authorities further announce that taxpayers situated outside France who only perform operations covered by the above mentioned provisions and who in addition have no declaration obligation should not require a VAT identification number in France (official listing of taxes, 3 A-3-08 no. 42 of 14 April 2008).

Alternatively, if the French-based “client” company not liable for VAT (e.g.: a non-profit making organization exempt from commercial taxes), the community company offering a service subject to VAT in France should be register for VAT with the following section of the Foreign Residents & General Services Department, the address of which has changed:

Tax exempt
The following are exempted from France VAT:

♦  export and equivalent transactions
♦  activities subject to local entertainments tax (for instance – sporting events…)
♦  certain real-estate operations
♦  certain imports
♦  educational activities
♦  medical and paramedical activities
♦  certain operations carried out by government bodies or local authorities
♦  certain activities carried out by non-profit organizations

 
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