French tax authorities confirm new purchase order requirement for VAT invoices

16 October 2019

The French tax authorities recently confirmed that companies VAT registered in France must now show purchase order numbers on their invoices, if a purchase order was raised prior to the invoice being issued.

In France, missing or misstated information on an invoice can be penalised in the event of an audit and penalties can be as much as a quarter of the value of the invoice amount stated.

LATEST NEWS

South Africa scraps low value import VAT exemption

On 1 September 2024 the South African Revenue Service (SARS) will scrap its current import VAT exemption on low value goods. This import VAT exemption allows...

SEE MORE
VAT news
LATEST NEWS

Peru mandates 18% VAT withholding by foreign digital...

From 1 October 2024, the Peruvian tax authority has confirmed that banks and credit card companies will be responsible for withholding VAT on payments for...

SEE MORE
VAT news
LATEST NEWS

Ukraine proposes to lower import VAT exemption...

Ukraine is proposing a reduction to the VAT exemption on the import of low value goods into the country from €150 (approx. £127) to €45 (Approx...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.