VAT on linear television: the government has set the powder keg alight
The government has set the powder keg alight! The plan to raise VAT on linear television, including Canal+, from 10 per cent to 20 per cent has triggered an immediate backlash from the audiovisual, film and sport sectors, which see it as a threat to an already fragile fiscal and industrial balance. This is not the first time a government has set its sights on this reduced VAT rate. The budgetary context, which is… under extreme strain for Sébastien Lecornu’s government, explains this. France Télévisions must also cope with a reduction in its budget. The additional VAT revenue would amount to around 200 million euros per year if the increase from 10 per cent to 20 per cent were applied to the domestic linear revenue base currently subject to the…