The increase in the regular VAT rate to 20,6 %, separated from the overall budget to enable it to become effective on August 1, 1995, was approved by Parliament on July 20, 1995. The new rate will apply to transactions for which the element subject to VAT occurs as of August 1, 1995.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought for your specific circumstances. For additional information contact Claire Acard on +33 (1) 55 61 10 10 or enter text search: "Archibald Andersen ", and "Business Monitor". The members of Archibald Andersen Association d'Avocats (S.G. Archibald and Arthur Andersen International) are registered with the Hauts-de-Seine Bar.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought for your specific circumstances. For additional information contact Claire Acard on +33 (1) 55 61 10 10 or enter text search: "Archibald Andersen ", and "Business Monitor". The members of Archibald Andersen Association d'Avocats (S.G. Archibald and Arthur Andersen International) are registered with the Hauts-de-Seine Bar.
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