VAT
REPORT ON THE MOST EFFICIENT FISCAL WEAPON EVER INVENTED
Data 2025
The Value Added Tax is France's most exported fiscal invention. Created in 1954 by Maurice Lauré, it is now used by over 170 countries. Its genius: it's invisible. You pay it with every purchase without ever seeing it. The perfect tax according to the State — the one you don't notice.
THE 4 VAT RATES
Standard rate — 20%
The majority of goods and services. Electronics, clothing, professional services, alcohol… everything that doesn't qualify for an exception.
Intermediate rate — 10%
Restaurants, passenger transport, energy renovation work, non-reimbursed medication, camping, museums.
Reduced rate — 5.5%
Food (except alcohol, confectionery, caviar), books, sanitary protection products, renewable heat, disability equipment, live performances.
Super-reduced rate — 2.1%
Print and online press, medications reimbursed by Social Security, first performances of certain shows, some live butcher's animals.
HISTORY
VAT was invented in France in 1954 by Maurice Lauré, a finance inspector. The initial rate was 16.85%. Today, the standard rate is 20%. The State decided 16.85% wasn't round enough — or profitable enough.
MECHANISM
VAT is collected at every stage of the production and distribution chain. Each business only remits VAT on its value added (collected VAT - deductible VAT). The final consumer bears the entire tax. It's a consumption tax, not a production tax.