France Tax Agency Issues Administrative Doctrine Clarifying VAT Exemptions on Insurance Transactions by Brokers, Intermediaries

The French General Directorate of Public Finance April 27 issued an administrative doctrine clarifying VAT exemptions on insurance transactions carried out by brokers and intermediaries. The doctrine clarifies: 1) the exemption on insurance and reinsurance transactions; 2) the rules regarding the application of the exemption until Dec. 31, 2022; and 3) the rules regarding the application of the exemption on e-commerce insurance transactions. [France, General Directorate of Public Finance, 04/27/22]

Reference:
View Guidance No. BOI-VAT-CHAMP-30-10-60-10. View Announcement. View Index.