France introduce new VAT software obligations from January 2018

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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.