France Customs Agency Issues Circular on Taxation of Energy Products for 2024

The French General Directorate of Customs and Indirect Taxes March 28 issued Circular No. DA 24-009, on the taxation of energy products, applicable from April 1. The circular includes: 1) the territorial scope of taxation; 2) clarification that the scope of the internal consumption tax isn’t limited to the products listed in the circular; 3) information on the application of import VAT (TVAI) and oil VAT (TVAP); 4) a chart of 2024 internal consumption tax rates for petroleum products subject to regionalization; 5) an energy product chart with information on VAT, internal consumption tax, and Professional Committee for Strategic Petroleum ...