This article was first published on Tax@Hand, and is reproduced on this blog with the authorization of its authors. On 1 January 2022, France will generalize the import VAT reverse-charge mechanism
Reverse-charge mechanism generalized to all importers as from 1 January 2022
E-invoicing – entry into force of the new rules postponed to July 1, 2024
As a reminder, an ordinance relating to the generalization of e-invoicing in the frame of domestic B2B transactions and e-reporting have been published on September 16th, 2021. The ordinance was
Oman and United Arab Emirates: Implementation of “Special Zones” from a VAT perspective and others VAT updates
New VAT clarifications and guidance have been issued by Oman and United Arab Emirates’ authorities. In this article, we provide a summary of the updates. VAT updates concerning Oman Creation
E-commerce : towards an all-round tracking of the transactions
In order to eradicate VAT fraud relating to e-commerce, new place of taxation rules, simplified compliance, but also a new VAT payer status impacting online marketplaces will come into force
New development as regards invoicing
In a decision dated May 26, 2021 (n° 2021-908 QPC), the French Constitutional Council (i.e., “Conseil Constitutionnel”) ruled that the fine provided for in article 1737, I-3 of the FTC
13rd Directive VAT refund claims: electronic filing will become mandatory
The decree n°2021-507 dated April 27, 2021 (FROJ dated April 29) has just confirmed it: operators established outside the EU, neither established nor subject to VAT compliance obligations in France,
E-commerce: the subscription campaign to the VAT one-stop shop (OSS-IOSS) is opened.
Since April 22nd, the one stop shop – OSS, in its new version, has been opened for subscription. The one-stop shop system enables to report VAT due within the European Union
Refund of French VAT incurred in 2020 by GB taxable persons neither established nor filing VAT returns in France
Directive 2008/9/CE – so called « 8th Directive » As per our information, regarding the VAT charged in 2020 to companies established in Great-Britain, the access to the refund portal
France – e-invoicing and e-reporting will become mandatory in France between 2023 and 2025
As of today, in France, e-invoicing is compulsory in the frame of B2G transactions only. In this respect, the companies must set-up or post their e-invoices in the Chorus portal.
Brexit and French VAT obligations of British companies in France : absence of fiscal representation
The last update of the FAQ relating to the Brexit relays the final position from the DGFIP about the VAT obligations of the British companies not established in France but