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New definition criteria for classic vehicles

15 septembre 2014

Antiques, art or collectables are not included in the tax base for the Solidarity Tax on Wealth (hereafter ISF in its French acronym – CGI (General Taxation Code), article 885 I). Vehicles that may benefit from this exoneration are defined by the French administration according to the same criteria as those accepted by the customs services (BOD – Official Customs Bulletin – no°5513, 1st March 1991).

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