French press subscribers to get tax credit to help crisis-hit titles

The French parliament has approved a move to help the press sector amid the economic crisis caused by the Covid-19 virus pandemic, which will see first-time subscribers to news publications offered a tax credit.

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French MPs have voted to grant a tax credit to anyone taking out a new subscription to a current affairs newspaper or magazine after the government argued that the sector was “suffering enormously” from the coronavirus crisis, reports The Guardian.