- Intrastat returns
- The Bill would repeal article 289 C of the FTC relating to the intrastat which was the subject of a single declaration with the summary statement of customers provided for in article 289 B of the FTC, commonly called the Declaration of exchange of goods in France. According to the explanatory memorandum, an automatic pre-filling device would be offered to businesses in order to reduce the related administrative burden. Details are still expected at this stage on this subject.
- Tax representatives and intermediaries
- New requirements for tax representatives and intermediaries for companies not established in the EU as part of the entry into force of the e-commerce Directive on July 1, 2021 would be clarified.
- VAT election for the financial sector
- Multi-purpose vouchers
- The VAT taxable basis for transactions made in consideration for the delivery of a multi-purpose voucher (MPV) would be specified, in the absence of information on the underlying transaction
- VAT on early payments related to supplies of goods
- The chargeability of VAT relating to a sale occurs only on the actual delivery of the goods (regardless of the payments made before this delivery), was contrary to article 65 of the VAT Directive, which provides that VAT has to be paid upon payment of part or all of the price (including down payments), without distinguishing between deliveries of goods and supplies of services. Applicable as of 2023.
Source PWC Avocats
