The Finance Act for 2020 was published under Law No. 2019-1479 of 28 December 2019 in the Official journal of 29 December 2019. This act also includes an article on the implementation of e-invoicing in France planned for 2023.
Unofficial translation
Invoices for transactions between persons subject to value added tax are issued in electronic form and the data contained therein are transmitted to the administration for their exploitation for the purposes, in particular, of modernization of collection and methods of controlling the value added tax.
The provisions of the first paragraph apply at the earliest from January 1, 2023 and at the latest from January 1, 2025, according to a schedule and terms set by decree depending, in particular, on the size and sector of activity of the companies concerned, and after obtaining the authorization provided for in 1 of article 395 of Council Directive 2006/112 / EC of 28 November 2006 on the common system of value added tax.
The Government shall submit to Parliament, before September 1, 2020, a report on the conditions of implementation, as soon as January 1, 2023 and no later than January 1, 2025, of the electronic invoicing obligation in inter-company relations. This report identifies and assesses the most suitable technical, legal and operational solutions, particularly in terms of data transmission to the tax administration, taking into account the operational constraints of the stakeholders. It assesses, for each of the options examined, the expected gains in the recovery of value added tax and the expected benefits for businesses.
Source French Offical Gazette
