- The French Ministry of Finance opened a public consultation on April 2.
- The consultation is about extending the reduced 10 percent VAT rate in the intermediate housing sector.
- An assessment date is set for December 31, 2024, for compliance with the General Tax Code.
- Conditions include filing a building permit application by October 3, 2023, and site opening by December 31, 2024.
- Specific provisions of the General Tax Code apply from January 1, 2024, for non-compliant housing.
- Comments are due by June 30.
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
