France Tax Agency Seeks Comments on Extending Reduced VAT Rate Scope in Intermediate Housing Sector

April 7, 2025, 5:00 AM UTC

The French Ministry of Finance April 2 opened a public consultation on extending the scope of the reduced 10 percent VAT rate in the intermediate housing sector. The consultation includes an assessment date of Dec. 31, 2024, for compliance with the specified condition under the General Tax Code (CGI), applicable to housing that satisfies certain conditions, including that: 1) a building permit application was filed no later than Oct. 3, 2023; and 2) the opening of the site took place before Dec. 31, 2024. The consultation also includes that specific provisions of the General Tax Code (CGI) would be applicable ...

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