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Canal+ “Making Progress” In Opposing French VAT Hike That It Says Would Force Subs Increases & Cuts

Canal+ “Making Progress” In Opposing French VAT Hike That It Says Would Force Subs Increases & Cuts

News Briefvia Deadline

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 continue fighting the rate increase tooth and nail.

Source Deadline

This is a summary of a story originally reported by Deadline.

Read the full story at Deadline

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