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.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
LATEST NEWS
Italy confirms bank guarantee requirements for VAT...
The Italian Revenue recently published specific information regarding non-EU companies engaging in intra-EU trade of goods to and from Italy. Businesses...
SEE MORE
LATEST NEWS
Germany coalition government to reintroduce 7% reduced...
The German government has confirmed the reinstatement of the 7% reduced VAT rate for food sales by hospitality businesses, from 1 January 2026. This VAT rate...
SEE MORE
LATEST NEWS
Sri Lanka to apply VAT on B2C e-services from...
The Inland Revenue Department of Sri Lanka confirmed it will introduce VAT on digital services supplied by non-resident providers to Sri Lankan...
SEE MORE