When:
- July 2024 – mandatory (i) reception for all taxpayers and (ii) issuance for large taxpayers
- January 2025 – mandatory issuance for medium taxpayers
- January 2026 – mandatory issuance for small and micro taxpayers
What:
- E-invoicing for all transactions between two taxable persons established in France when the French e-invoicing rules are applicable.
- E-reporting for transactions with foreign operators and B2C transactions.
- NB: foreign operators can also be subject to e-reporting in France.
How/impact:
- E-reporting obligations consists of the transmission of (i) transaction data and (ii) “life cycle” data (including payment data for specific transactions).
- E-reporting frequencies (for companies that file monthly VAT returns):
- Transaction data: at least 3 e-reporting/month (within 10 days of the decade)
- Payment data: monthly e-reporting (within the 10 days following the month)
- Process: For e-invoicing/reporting purposes, taxpayers will have to go through either the public invoicing portal (Chorus) or registered private platform (“PDP”).
- Only e-invoice EN-compliant will be able to go through Chorus Portal (UBL, CII, Factur-X)
- Chorus will propose electronic archiving.
Source Webinar Pagero/Deloitte – Recorded session & slide deck – E-invoicing & e-reporting updates
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
- Join the LinkedIn Group on ”VAT in the Digital Age” (VIDA), click HERE
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