France Tax Agency Updates Administrative Doctrine on VAT Exemption for Companies Under Group Insurance Agreement

The French General Directorate of Public Finance Dec. 11 updated the administrative doctrine on VAT exemptions for companies re-invoicing insurance premiums under a group insurance agreement. The agency clarified that a parent company providing insurance coverage to its subsidiaries through an insurer under the group insurance agreement won’t qualify for the VAT exemption if the amount charged under the agreement is not taxed. [France, General Directorate of Public Finance, 12/11/19]

Reference:
View Announcement. View Guidance No. BOI-RES-000058. View Guidance No. BOI-TVA-CHAMP-30-10-60-10.