France: Olympic Games Paris

The Olympic Games issued the 2^nd version of its VAT Guide in relation to the upcoming edition in Paris this year on 26 July 2024 to 11 August 2024.

When it comes to VAT reclaim, there are 3 ways to reclaim:

• Local Registration;
• Under 13th Directive – Organisations established outside the European Union; and
• Under 8th Directive – Organisations established in the European Union.

Non-recoverable expenses:

• Accommodation expenses incurred for directors or employees;
• Passenger transport vehicles;
• The cost of transporting people (taxi, train, plane, bus, tube);
• Petroleum products:
  • VAT on diesel fuel is deductible
    • 100% for trucks;
    • 80% for cars
  • VAT on petrol is deductible up to 80%
  • VAT on the cost of recharging electric vehicles is fully deductible
• Assets sold without valuable consideration; and
• Servicing relating to goods excluded from the right to deduct.

For more detailed information and documents needed there is a guide on Olympics.com.

Stay Up to Date with Our VAT Newsletter

To ensure you remain informed about the latest VAT news, trends, and topics from around the globe, subscribe to our VAT Newsletter. Each month, we deliver insightful updates straight to your inbox, helping you stay ahead of the curve.

Partner with Real VAT Experts

With decades of experience in VAT compliance and consultancy, our team at Taxback International stands ready to assist you. We offer comprehensive expertise across all countries and languages where VAT obligations exist.

Taxback International

Taxback International’s innovative tax technology and experienced tax professionals to provide VAT Compliance and VAT Reclaim services to global businesses. Find out more about our range of technologies:

Comply: End-to-end VAT Compliance Platform

VATConnect: VAT Reclaim Platform

TBI Pay: Global Payments Solution