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France updates anti-VAT fraud software from January 2018

Further to our information on 6th October, 2017, regarding the introduction by France of an anti-VAT fraud software, the French tax authorities have decided to modify this condition in order to simplify it.

The amendment will be subject to new legislation, which was published near the end of 2017.

This new legislation will only be applicable to companies that record payments by means of management and cash register software for B2C transactions only, advises the French tax authorities. Additionally, as an ‘administrative tolerance’ the new legislation will only apply to companies that are established in France. Consequently, foreign companies that are registered in France as ‘non-resident’ tax payers are not concerned by this new requirement.

amavat® provides a one-stop-shop solution for VAT Compliance within Europe. We assist clients with a single point of contact that speaks their language and handles all VAT related issues with a standard and cost efficient approach. If you have any queries or questions, please do not hesitate to contact amavat®.

To find out more information please visit www.amavat.eu

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