Canal+ Calls VAT Hike “A Direct Attack” On Its Operations In France As Guilds Protest Move

Paris-based pay-TV giant Canal+ has hit back at the French government’s plan to double the VAT rate on TV subscriptions from 10% to 20% saying it could leave a potential €200M ($225M) hole in its finances. The planned hike was confirmed in a draft budget plan for 2027 presented by Prime Minister Sébastien Lecornu on […]