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New Caledonia completes VAT implementation

18-month VAT implementation completes

The French Pacific territory of New Caledonia has completed the implementation of its local version of Value Added Tax – taxe générale à la consommation, TGC.

The consumption tax was first introduced in April 2017 with a phased roll out of rates which completed on 1 October 2018. The new rates are:

11% Standard Rate Taxe Générale à la Consommation TGC since 2016
22% Higher Rate Imported alcohol, sugary drinks, tobacco, vehicles
6% Reduced Rate Local services
3% Reduced Rate Local production, basic foodstuffs; cinema
0% Exempt Gambling; financial services; education; social; medical; books and newspapers; exports; basic foodstuffs
1% Solidarity Tax On personal services

 

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