As per the current trend and the development of Continuous Transactions Controls around the world, French Government intend to implement, through article 153 of the 2020 Finance Law, B2B e-Invoicing mandate and could also consider to pre-complete VAT reports.
The French VAT Authorities (FTA) have agreed to extend France’s 13th directive deadline to 30th September 2020 (from the normal due date of June 30th).
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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.
On 30 September 2015 the French government presented the draft of the Finance Act for 2016. The most interesting piece seems to be reduction of the VAT threshold for distance sales made in France by a supplier established in another EU Member State from EUR 100’000 to EUR 35’000 (article 3 of the Bill).
This needs to be confirmed as the draft will be discussed in the coming months.
For further details please contact my colleague from PwC Geneva: Patricia More / patricia.more@ch.pwc.com / +41 58 792 9507
New rules introduced in France now allow European-Union based operators to reverse charge VAT on imports once they have obtained an agreement to use the Single Window Customs Clearance Procedure (PDU – Procédure simplifée de dédouanement avec domiciliation unique). Read More »
4 Ministers of culture asked for change in EU legislation to tax e-books exactly as physical books.
The ECJ today delivered its long awaited judgments in the infringements procedures against France and Luxemburg for the application of the reduced VAT rates to e-books.
The court held that in line with VAT Directive and Implementing Regulation e-books qualify as electronically supplied services, in respect of which the reduced VAT rates cannot be applied.Read More »
2015 seems to start with book related VAT news in the EU. After the ECJ’s judgment in the K Oy case (C-219/13), the Finnish Supreme Administrative Court (“SAC”) delivered its ruling at the end of December. Read More »
The Italian Parliament passed the 2015 Finance Law on 22 December, which applies the 4% VAT rate to e-books as of 1 January 2015. According to the legislation any publication that is identified by an ISBN code (International Standard Book Number) and transmitted through any physical or electronic means, should be considered as a book and, as a result, subject to the 4% reduced VAT rate.Read More »
I am happy to share with you the following documentation:
French Tax audit_New obligations_electronic submission of accounting entries_new penalties
Should you need assistance please do not hesitate to contact our PwC/Landwell specialists in France:Read More »
PwC Switzerland ITX
Michaela Merz 