News 20 October 2020

French Draft Finance Bill for 2021 – VAT Measures

You will find attached the analysis of the VAT measures of the 2021 PLF prepared by the Cabinet Arsene’s VAT team with the Taxand Service Line.

In this document, the following measures are presented and discussed in detail, along with a practical analysis.

01- Implementation of a French VAT Group (Article 45 of the Draft Finance Bill for 2021) – entry into force as of January 1st, 2022 for an effective application on January 1st, 2023

02 – Postponement of the implementation of the E-commerce Package (Article 10 of the Draft Finance Bill) – measures applicable as of July 1st, 2021

03 – Clarification of the VAT rules applicable to complex transaction (Article 9 of the Draft Finance Bill) – measures applicable as of January 1st, 2021

04 – Other VAT and indirect tax measures