- When a mixed taxable person exercises his right to deduction according to the general pro rata method, the latter is a fraction taking in the numerator the annual turnover of the operations allowing the deduction and in the denominator the annual turnover of all the operations, both those allowing the deduction and those for which there is no right to deduction.
- Circular 70/103 of 31 December 1970 specifies that the annual amounts appearing in the numerator and denominator are rounded up to the nearest ten euros and the general pro rata is rounded up to the nearest unit.
- If the deduction rate is 99.3%, rounded up to the nearest unit of 100%, the mixed taxable person is required to communicate his choice of deduction according to the general pro rata via the declaration of start or change of activity and declare a final general pro rata of 100 in the Intervat application, which should be made no later than 20 April of the following calendar year.
Source Aurelie Soldai
