French VAT | Horse Racing Free Tips https://horseracingfreetips.com Horse Race Ratings and Tips - Sports News Tue, 13 Jun 2023 16:17:28 +0000 en-US hourly 1 https://horseracingfreetips.com/wp-content/uploads/2017/08/cropped-horse-racing-free-tips-1-32x32.jpg French VAT | Horse Racing Free Tips https://horseracingfreetips.com 32 32 Major VAT Decrease For French Breeding https://horseracingfreetips.com/major-vat-decrease-for-french-breeding/ Tue, 13 Jun 2023 16:17:28 +0000 https://www.thoroughbreddailynews.com/?p=372346 The rate of Value Added Tax (VAT) for Thoroughbred breeding in France has been reduced from 10% to 5.5%, according to a report by Jour de Galop on Tuesday. Furthermore, the tax reduction will be applied retrospectively to Jan. 1, 2023. Loic Malivet, president of the Federation des Eleveurs du Galop (French TBA), said, “This

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The post Major VAT Decrease For French Breeding first appeared on Horse Racing Free Tips.]]> The rate of Value Added Tax (VAT) for Thoroughbred breeding in France has been reduced from 10% to 5.5%, according to a report by Jour de Galop on Tuesday. Furthermore, the tax reduction will be applied retrospectively to Jan. 1, 2023.

Loic Malivet, president of the Federation des Eleveurs du Galop (French TBA), said, “This rate of 5.5% is very important because it puts racing back in the agricultural sector, and that's only fair. I thank the minister of Agriculture and the Director of the Horse.”

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