28 September 2017
A new requirement for all resident French businesses that are VAT registered to use certified anti-VAT fraud software when undertaking cash and credit sales to consumers (B2C transactions) will be introduced from 1 January 2018.
The software introduced will be approved by the French tax authorities and will be designed to prevent VAT fraud by restricting businesses from fraudulently amending the details of their sales transactions. Foreign providers of these types of cash transactions will also be obliged to follow the new requirements and go through the accreditation process if they make cash sales in the country.
LATEST NEWS
E-invoicing hub
Navigating complexity and preparing for the digitalisation of VAT and the future of tax Following compromises and modifications to the original proposal, the...
SEE MORE
LATEST NEWS
EU finance ministers agree to introduce new customs...
In November, the Economic and Financial Affairs Council (ECOFIN) agreed to introduce a customs charge on low-value parcels valued below €150. The charge...
SEE MORE
LATEST NEWS
UPDATE: Swiss government confirms likely delay for the...
The Swiss tax authorities have confirmed that the increase in the standard VAT rate from 8.1% to 8.8% will now be postponed until 2028. This VAT rate increase...
SEE MORE