Budget 2027: MEPs Revise VAT on Electricity and Pay Television
9 Articles
9 Articles
In a sparse Chamber, parliamentarians voted on Monday for measures which they know are unlikely to persist, given the likely rejection of the budget, and for recourse to 49.3 or executive orders. A solemn vote on the revenue side is scheduled on Tuesday.
The National Assembly has rewritten several fiscal measures of the draft budget, opposing the government on the taxation of electricity and TVA Canal+ on electricity, primary products
On Monday, parliamentarians adopted the amendments to delete this provision by 45 votes to 15.
On Monday, 2 November, MEPs decided not to increase the VAT on pay channels by 10 to 20 per cent. The proposal, which was examined in the framework of PLF 2027, provoked the anger of the group financed by Vincent Bolloré.
The doubling of VAT on pay television, which could have led to an increase in Canal+ and Ligue 1+ subscriptions, was rejected by MEPs on Monday 2 November. The government hoped to recover 400 million euros thanks to this highly contested measure. It is a first relief for Canal+. While the government wanted to make [...] The Canal+ article: the threat of an increase in subscription prices now excluded, MEPs reject the highly criticized doubling o…
The National Assembly adopted, on Monday 2 November, in public session and in first reading of the finance bill (PLF) for 2027, an amendment abolishing article 16 of the government text. The amendment, carried by MP Corentin Le Fur (Republican Right), is intended to prevent the adoption of the new law.
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