French taxman targets hot-air balloon sector
France’s Finance Ministry accused hot-air balloon operators of applying a reduced VAT rate, reserved for air transport, instead of the higher rate for leisure activities. Business owners argue that the authorities changed the rules without warning.

France’s Finance Ministry accused hot-air balloon operators of applying a reduced VAT rate, reserved for air transport, instead of the higher rate for leisure activities. Business owners argue that the authorities changed the rules without warning.


