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French Polynesia Introduces New Solidarity Contribution, Reduced Tax Rates, and New Rules for Tax Consolidation

|Approved Changes|French Polynesia
French Polynesia

French Polynesia has published Law No. 2021-55 of 27 December 2021, containing measures for the simplification and performance of the tax system in favor of solidarity and employment. Some of the main measures of the law include:

  • Introduction of a solidarity contribution at a rate of 1.5% that applies from 1 April 2022 for taxpayers subject to VAT, which is generally levied in the same manner…

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