Updated publication of common German ZUGFerd and French Factur-X standard In October, the respective national e-invoicing standards for Germany and France will simultaneously updated. German e-invoicing is to be mandated between 2025 and 2028. There is also a French e-invoicing mandate starting in September 2026.
Finance Committee considers hiking Digital Services Tax from 3% to 5% France’s Finance Committee of the National Assembly is reviewing an amendment (I-735) to the 2025 budget to raise the 3% Digital Services Tax (DST) to up to 5% to raise €500m. A separate proposal
France’s DGFiP estimate of missing VAT revenues at €6bn to €10bn per annum The Direction générale des Finances publiques tax authorities has published an in-depth study on the loss of Value Added Tax (VAT) receipts resulting from errors or omissions in reporting – including evasion.
Public consultation on 2024-introduced import VAT mechanism In January 2024 new France import VAT deferment rules were introduced. This enabled regular importers to boost their cash flows by avoiding import VAT payment at the point of goods clearance into France. A new public consultation has
Annual sales threshold for mandatory VAT registration revised France is updating the compulsory VAT registration threshold. This is a process undertaken every three years. The thresholds are as follows: 2025: Goods €85,000 Services: €37,500 2024: Goods €91.800 Services: €36,800 2023: Goods €85,800 Services: €34,400 There
Ahead of Sept 2026 B2B e-invoicing mandate, French likely to join 20 other national champions of Peppol standard France is likely to apply to become the French national authority, responsible for supporting and promoting the standards and network. Each country’s authority is appointed by and
Tax office issues VAT guidance on Non-fungible tokens The French tax authorities have published guidance on the VAT obligations for Non-Fungible Tokens (NFT’s). It reflects the common practise of treating it as an electronic service. This includes supply of intangible goods, such as the creation
Potential additional VAT disclosure proposals ahead of July 2026 e-invoicing Since the French B2B e-invoicing mandate has been delayed until at least September 2026, there has been discussion around additional disclosure requirements for VAT invoices. This would help support the continuing battle to identify VAT
Music streaming services subject to 1.2% turnover tax Jan 2024 France has imposed a streaming media levy of 1.2% from 1 January 2024. This is down from the proposed 1.75%. The new levy is expected to raise €15 million per annum, allowing for an annual
