DOMESTIC TAX ON MINERAL OIL PRODUCTS- TAXES IN FRANCE - FRENCH TAXATION
Mineral oil products are subject to the following specific indirect taxes : the domestic tax on mineral oil products (taxe intérieure sur les produits pétroliers, TIPP) computed on volumes or bulks (in Francs per hectolitre, for instance) and the Value Added Tax ( VAT). Moreover, the TIPP is included in the assessment basis of mineral oil products subject to VAT. TIPP is determined according to the physical characteristics of taxed mineral oil products, and computed according to customs tariffs.
TIPP applies only within the territory of metropolitan France ( continental France and Corsica ) and does not apply within the overseas départments et territoires. Within the overseas départements, a special consumption tax (TSC) is assessed on petrol and diesel.
TIPP is collected by the Direction générale des douanes et des droits indirects (DGDDI, customs and indirect duties directorate) on mineral oil products retailed on the domestic market. TIPP raised € 24.67 billion in 2003 and is expected to raise € 20.9 billion in 2004.