29 November 2024
During November 2024 the French tax authorities updated its explanatory guidelines and PDP FAQ’s for the September 2026 B2B e-invoicing launch.
The new mandatory real-time invoice reporting regime will only apply to resident businesses’ B2B transactions in France and will force them to declare these sales to the French tax authorities via a new e-invoicing platform. This is instead of sending invoices to their customers directly. The tax authority will check these invoices, and if correct, will approve them by applying a digital stamp. It will then send the invoice directly to the customer via the new system.
It is hoped this new invoice reporting regime will reduce common errors on these types of invoices and help prevent VAT fraud in the country.
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