France has launched a public consultation on new VAT rules for art, antiques and collectibles ahead of a reduced 5.5% rate which is set to take effect on 1 January 2025.
France’s tax authorities have launched a public consultation on new VAT rules for works of art, collectors’ items, and antiques on 14 May 2025.
Starting 1 January 2025, a reduced VAT rate of 5.5% will apply to most sales, imports, and EU acquisitions of these items. The consultation covers topics like general VAT rules, auctions, and cross-border transactions.
The consultation is set to conclude on 14 June 2025.