France – Anti-fraud VAT Software requires as from 1st January 2018

In January 2018 France will require VAT registered businesses to use certified anti-VAT fraud software:

Bought and certified by producer or Developed in-house with certification required.

 

 

Failure to comply with these requirements could result in fines of up to €7,500 per software or cash register unit used, this could present a large financial risk to major retailers or groups of companies using the same software platform.

If you have any questions, please do hot hesitate to contact Patricia More, Partner VAT on patricia.more@ch.pwc.com

 

Bildquelle: Rainer Sturm  / pixelio.de

 

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