4 November 2015
From 1 December 2016 non-resident VAT registered businesses will be required to settle their VAT returns via direct debit. In order to set this up, the French tax authorities have stated that they require the registered company’s bank account details and also the authority to automatically withdraw the amounts of VAT owed direct from the businesses bank account.
From 1 January 2016 the distance selling threshold in France will be reduced from €100,000 to €35,000. This reduction will mean that thousands of small retailers currently selling to private individuals in France will now have a liability to register for VAT in France in order to start charging French VAT on these transactions.
LATEST NEWS
REMINDER: New EU rules for virtual events from January...
From 1 January 2025, the supply of a live virtual event is taxable in the EU country where the consumer purchasing the online attendance resides. This means...
SEE MORE
LATEST NEWS
Switzerland’s new rules for platforms from 1 January...
Switzerland’s Federal Tax Administration will impose “deemed supplier rules” from 1 January 2025 on digital platforms (such as Amazon) to charge, collect...
SEE MORE
LATEST NEWS
Romania extends electronic invoicing to “business to...
Romania has announced that it will extend its electronic invoicing regime (eFactura) to business-to-consumer (B2C) transactions for both VAT-registered...
SEE MORE