An amendment has been tabled to rewrite the first paragraph of article 257 bis of the CGI to make it compliant with the VAT directive.
It will be remembered that a decision of the Council of State had highlighted the non-compliance of the current article 257 bis of the CGI and from which it emerged that the VAT exemption did not apply to exempt transactions and therefore did not block not repayments of “ twentieths ” (or residual VAT) ( CE May 31, 2022, n° 451379, SA Former establishments Georges Schiever et fils ).
To avoid any problems in the future, this amendment ensures a “copy-paste” of Article 19 of the VAT Directive .
Source Taximmo
