VATupdate

Share this post on

Navigating French VAT Regulations for Non-Resident Businesses: Essential Guidance for 2024 Olympics Involvement

  • Non-French resident businesses involved in operating in France during the 2024 Olympics and Paralympics need to consider their tax obligations
  • French Tax Authority has published guidance for such businesses
  • Companies with a registered office abroad may be liable for direct and indirect taxes in France
  • Stakeholders are advised to analyze their situation to determine if they have a permanent establishment in France for tax purposes
  • Recovery of French VAT can be done through local registration or overseas refund claim
  • Overseas refund claims for VAT are time-bound and businesses need to follow correct procedures to avoid irrecoverable VAT loss
  • Two methods for overseas VAT refunds: EU Refund Scheme for EU established companies and 13th Directive refund claim for non-EU established companies.

Source: essentiaglobalservices.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news

Advertisements: