The second is the above; a 5cm by 5cm paper insurance certificate, which needs to be torn off, then placed comfortably into a transparent plastic sleeve. In France we pay NO road tax.
I've just received my bill for this year's insurance. Both Lady Magnon and myself are insured to drive the family Compact Royce, and for that pleasure my annual charge is an outrageous €182 (£160 or $256).
Considering that Lady M and myself are both extremely cautious drivers, I consider this no more than THEFT.