The Assembly Votes for a Specific VAT Relief for Cognac
4 Articles
4 Articles
As the cognac has seen its sales fall for five years, an amendment by Charentaise MP Sandra Marsaud, to the draft state budget, provides for a VAT exemption for producers.
Tabled by Renaissance Member Sandra Marsaud, the amendment to the draft state budget for 2027 provides for an exemption from VAT in order to amortize the necessary purchases and operations made by these companies to carry out their production.
MEPs have adopted an amendment to exempt wine-growing companies with more than 85% of their export sales from VAT, a support measure targeting in particular the cognac sector in crisis
MEPs adopted on Monday, with the support of the government, a VAT exemption for wine and alcoholic beverages companies that make more than 85% of their export sales, such as cognac, very affected by the international situation. Tabled by the Member of Parliament Renaissance Sandra Marsaud (Charente), the amendment to the draft budget of [...] This article [Cognac] the Assembly votes a specific relief of VAT appeared first on Terre de Vins.
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