France Tax Agency Updates Administrative Doctrine on Decreased Thresholds for Basic VAT Exemption

The French General Directorate of Public Finance May 28 updated the administrative doctrine on implementing the decreased basic VAT exemption thresholds. The updated doctrine postpones to Dec. 31 from March 1 the basic exemption turnover thresholds of 25,000 euros (US$28,411) for 2024, and 27,500 euros (US$31,255) for 2025. [France, General Directorate of Public Finance, 05/28/25]

Reference:
View Announcement. View Guidance No. BOI-RES-TVA-000198. View Index.