Modification of the rate of VAT as of 1st January 2014


As of 1st January 2014, the various rates of Value Added Tax (V.A.T.) shall be modified in accordance with article 68 of the 3rd Amending Finance Law for 2012 (published in the "Journal Officiel" – French Official Journal – on 30th December 2012). The standard rate of VAT shall therefore increase from 19.6 % to 20 %. This rate, which is applied to the majority of goods and services, is that which is specifically applied to concession motorway tolls.