VAT on foodstuffs and agricultural products - Lexis Nexis

We are happy to announce the publication of our latest article entitled “Value added tax - Foodstuffs and agricultural products: the administration draws the consequences of reforms in terms of VAT rates”. Written by Grégoire Person and Thomas Le Boucher, this article offers a detailed analysis of recent comments from the tax administration following the changes introduced by the Finance Act for 2023.

Posted in Tax Law No. 35, August 31, 2023, Act. 311, this article looks at the new rules relating to the application of the reduced VAT rate of 5.5% for products intended for animal feed and products of agricultural origin used in agricultural production. It provides clarifications on the concept of “normal destination” of a product and on the administrative tolerance granted until September 30, 2024.

To learn more about these changes and their impact, read the online version of the article here.

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