5.1.5 Tax laws
There is no general tax legislation for culture, but many special measures operate in the different domains. More information is available on http://www.culture.gouv.fr/culture/infos-pratiques/fiscal/index.htm.
Tax laws for culture pertain to five major sectors:
Law n° 2003-709 of 1 August 2003 on sponsorship, associations and foundations aimed at enhancing the tax regime in these areas.
The main tax laws concern tax exemptions, wealth tax or also the implementation of specific VAT rates. There are several VAT rates in France (some are specific to Corsica and overseas territories):
The normal rate applies to the majority of goods and services.
The intermediary rate applies to cinemas, feasts and funfairs, and the entrances to zoos, museums, monuments, exhibitions and cultural sites.
In 2013, the VAT rate (changed from 5.5% to 7% in 2012) was restored to 5.5% for:
The particular rate of 2.1% applies to press publishing, to the public licence fee for broadcasting and to ticket prices for the first 140 performances of newly created or newly staged theatres works.
From 1 January 2014, the main VAT rates will be modified by article 68 of Law n° 2012-1510 of 29 December 2012, the third corrective finance act of 2012: