On 23 December 2014, the European Commission has published online a study entitled “Assessment of the application and impact of the optional ‘Reverse Charge Mechanism’ within the EU VAT system” (the Study).
Tag: reverse charge mechanism
France – exemption of repondant regime cancelled as from October 2012
As from October 2012 the repondant regime will not be applicable anymore. Therefore if you use this mechanism to improve your cash management and avoid a VAT credit position you will have to look for other options. The application of the reverse charge mechanism will not have any exemptions anymore. However the good news is that there are still ways how to manage cash flow issues in France.
Michaela Merz 