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Canal+ Opposes French VAT Hike
Canal+, a major French TV subscription service, is opposing a proposal to double the VAT rate on subscriptions from 10% to 20%. The company has support from cinema organizations and says this would force price increases and cuts.
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Canal+ has “made progress” in opposing a controversial proposal in France that would double the VAT rate on TV subscriptions from 10% to 20%. Delivering a Q3 trading update, the French major said it has support from “cinema organisations, federations and leagues” and will con
2026-10-22 07:58 UTC