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France lowers the VAT on restaurants

>> Tuesday, June 30, 2009

France has decided to lower the VAT on restaurant meals from 19.6% (the standard VAT) to 5.5% in an effort to stimulate the sector that is suffering from the difficult economic times (and since many years from the French 35 hour working week). The new VAT should take effect already on July 1. The VAT on wine will unfortunately not change but remain on 19.6%.

1 comments:

beth July 02, 2009 2:47 PM  

France lowers the VAT on restaurants that is a great news for all wine loveres and restaurant owners. thats really cool. Enjoy the wine and this nice blog too

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