- The updated French administrative guidelines align the claim periods for incorrectly invoiced and deducted VAT, allowing taxpayers to rectify invoices within two years, matching the tax authorities’ three-year reassessment window.
- The new guidelines establish that a reassessment of incorrectly deducted VAT serves as a trigger for reopening the claim period for suppliers, enabling them to claim back VAT until December 31 of the second year following the taxable event.
- Taxpayers who incorrectly invoiced VAT no longer need to demonstrate good faith in their mistake to claim reimbursement, as long as it does not pose a risk of loss to the Treasury, encouraging a comprehensive review of VAT processes to identify unaddressed regularizations.
Source DLA Piper
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