Traditional Culture Encyclopedia - Hotel accommodation - VAT rate for Chanel in Paris, France

VAT rate for Chanel in Paris, France

The VAT rate of Chanel in Paris, France is the normal tax rate of 19.6%.

The largest proportion of France’s total tax revenue is VAT, which accounts for about 45% of tax revenue.

The tax rate for general goods and services is 19.6%, but for basic food, basic medicines, books and other cultural supplies, the tax rate is a preferential 5.5%, which reflects the need to care for low-income groups and encourage cultural undertakings. tendency. For tobacco and alcohol that are harmful to health, the tax rate reaches 60% to 70%.