The French VAT authority has issued a number of decrees regarding modifications to the VAT regime. The modifications, effective on 1 January 2015, include:

VAT rates

  • The VAT rate on construction services provided in designated deprived areas has been reduced to 5.5%.
  • Imports of works of art or antiques will now be subject to a 5.5% rate instead of 10%.
  • Tickets for sporting events have been reclassified from nil VAT to the 5.5% rate.

VAT returns

  • Withdrawal of the requirement to submit two duplicate annual returns for the simplified VAT regime.
  • VAT remittances for the simplified VAT regime have been changed to twice annually.