The French Government has officially confirmed the postponement of the transfer of VAT provisions to the Code des Impositions sur les Biens et Services (CIBS). An ordinance […]
Introduction Historically, VAT rules in France were codified within the Code Général des Impôts (CGI), alongside with a wide range of other taxes. The recodification of VAT […]
In recent years, the issue of document retention has become increasingly important for businesses in France. Legal obligations related to accounting, taxation, and administrative compliance require careful […]
After a series of EU case‑law developments (see previous publication), the Boehringer Ingelheim Limited decision has now been issued in the UK, and this time it is […]
Background The interaction between pharmaceutical pricing, public health reimbursement systems, and VAT rules has raised challenges in the EU. Central to this discussion are the Boehringer Ingelheim […]
Economic Context Further to our last publication on €10 billion VAT shortfall in France and considering France high public deficit, the questions arises, could France increase its […]
France is grappling with a massive €10 billion shortfall in VAT revenues, throwing its 2025 budget plans into disarray. Initial projections estimated VAT income at €101.4 billion, […]
The French government has officially restored the VAT exemption regime (franchise en base de TVA) which was in force as of 1st January 2025, following significant opposition. […]
Background Meta Platforms are facing unprecedented scrutiny in the European Union over their business model, particularly the generation of revenue through users data, which is gained in […]
Background In the world of VAT compliance, few topics cause more confusion than the distinction between disbursements and recharges. While both involve passing costs to clients, their […]
Background Non-EU businesses that are liable to VAT register in France must appoint a fiscal representative.However, if a business is based in one of the countries with […]
Background On January 1, 2025, the bill to modernise the VAT procedure and the collection of VAT in Belgium came into force. This ambitious project is of […]
The French tax administration has issued a new publication which clarifies the conditions for amending VAT invoices issued with incorrectly charged French VAT. Background Any business which […]
Starting from 1st September 2024, a new regulation regarding tax administrative penalties and payment infringements was introduced. One of the pillars of the reform was a reduction […]