2022:a year rich in Customs and VAT matters
Please find attached the summary of the VAT and Customs measures contained notably in the Finance Law for 2022. The following measures are presented and commented on in detail in this document, together with a practical analysis. 01 I Main measures affecting the physical flow of goods Suppression of the Intrastat return (“DEB”), which will […]
2022:a year rich in Customs and VAT matters
In the anticipation of the upcoming year 2022, please find attached the summary of the VAT and Customs measures as stipulated notably by the Finance Bill for 2022. The following measures are presented and commented on in detail in this document, together with a practical analysis. 01 I Main measures affecting the physical flow of […]
Entry into force of the new e-invoicing and e-reporting rules postponed by 18 months!
Article 195 of the Finance Act for 2021 entitled the Government to adopt by ordinance, within nine months of its publication, all necessary measures to ensure the generalization of e-invoicing. It’s done! The ordinance n°2021-1190 of September 15th, 2021[1] relating to the generalization of e-invoicing in the frame of domestic B2B transactions end e-reporting (hereinafter, […]
The 50% fine for lack of invoicing finally censured !
The French Constitutional Council has just censured the provisions of article 1737, I, 3° of the French Tax Code (FTC) [1] on the failure to issue an invoice [2]. For the record, these provisions impose a tax fine of 50% of the amount of the transaction on a supplier liable for French VAT for not […]