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

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. “The Group has […]