Blog

Oct 1, 2011

France raises VAT on sugar drinks to 19.6% in 2012

Richard Asquith

France has put forward plans to increase VAT on non-alcoholic drinks in 2012.

 

The announcement was made by Prime Minister Fillon as part of the 2012 Budget plans. The drinks included are: lemonade, fruit juices or nectar with added sugar. The Value Added Tax rate on these consumables will be recategorised from the reduced rate to the current standard VAT rate, 19.6%.

 

Experts from the Association des industries alimentaries claimed this would lead to a 1% rise in prices.

Sales tax rates, rules, and regulations change frequently. Although we hope you'll find this information helpful, this blog is for informational purposes only and does not provide legal or tax advice.

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