The French Finance Minister has taken the decision to suspend the reform aimed at abolishing the flat-rate reduction in VAT on charter oprations, which was due to take effect on 1 April 2020.

This is a decision of principle which has not been officialy communicated to date. At the moment, all we know is that the deadline of 30 March for signing contracts with a flat-rate VAT reduction no longer exists. The details of the suspension are not yet known.

As soon as they are communicated to us, ECPY untertakes to keep you informed. The services in charge of the suspension, with whom ECPY is in permanent contact, are currently working on producing an official communication.