The initial deadline of January 1st, 2023 for some companies no longer seemed reasonable due to the necessary internal adjustments. Thus, the ordinance postpones the entry into force of the regulation to July 1st, 2024 for the first roll-out initially scheduled for January 1st, 2023, in order to give companies the necessary time to prepare for the entry into force of the regulation.
Source: taxand.com
Latest Posts in "France"
- Interest payable following delayed reimbursement of a VAT credit
- France VAT Guide: TVA, E-Invoicing and E-Reporting Requirements
- Taxation by assessment does not automatically eliminate the right to deduct input VAT
- Input VAT denied on motor-racing sponsorship without demonstrable business link
- Updated guidance covers domestic and cross-border small-business VAT exemption
