From January 1, 2023, when a payment on account is made, VAT on the supply of goods will be payable on receipt of the payment on account by the supplier and no longer on delivery of the goods. What does that mean, and what are the consequences?
Source Fiscal Requirements
Latest Posts in "France"
- France Reduces VAT to 5.5% on Small Residential Solar Panels for Greener Future
- Training ‘Holding: Facilitator & VAT’ (Nov 18)
- When Must Foreign Companies Register for VAT in France? Key Conditions Explained
- Distinguishing VAT Registration and Permanent Establishment Obligations in France for Foreign Companies
- VAT Refund Process in France for Non-EU Businesses: Eligibility, Steps, and Deadlines