CERTYNEX IFRS ACADEMY

Étoile SA is controlled by the government. It sold services for 2,000,000 to the government, for 1,500,000 to a state-owned company also controlled by the government and for 900,000 to an independent private customer. Which transactions benefit from the partial exemption?

The sales to the government itself, not those to the other state-owned company, those falling under the general disclosure regime.

The sales to the government and to the other state-owned company, but not the one to the independent private customer.

All three sales, since Étoile is controlled by the government.

The sales whose amount is small relative to Étoile's total sales.