News Share

The Tax Hub

Daily Tax Newsletter

France

22 September 2021

Responsive image

France Publishes Ordinance on Implementation of E-Invoicing and E-Reporting Requirements

France has published Ordinance No. 2021-1190 of 15 September 2021 regarding the obligation to issue, transmit, and receive electronic invoices in B2B transactions subject to VAT in France (e-invoicing) and submit data on other transactions to the tax administration (e-reporting). The ordinance provides for the implementation of the provisions for e-invoicing and e-reporting that were included as part of the Finance Law for 2021 for the improvement and modernization of management by companies and collection and control by the administration.

The ordinance provides that the requirement to issue, transmit, and receive e-invoices generally applies for invoices issued from 1 July 2024. However, the requirements will apply from:

  • 1 January 2025 for intermediate enterprises, i.e., enterprises with less than 5,000 employees and annual turnover not exceeding EUR 1.5 billion or a balance sheet total not exceeding EUR 2.0 billion; and
  • 1 January 2026 for SMEs and micro enterprises, i.e., enterprises with less than 250 employees and annual turnover not exceeding EUR 50 million or a balance sheet total not exceeding EUR 43 million.

The same implementation dates apply for the e-reporting requirements.

Powerful Tax Tools

NEW

FX Rates

Global FX Rates including Tax Year Average FX Rates and Spot Rates for all Reporting Currencies.

NEW

Corporate Tax Rates

Corporate tax rates, surtaxes, and effective tax rates for the current year, as well as historical rates and approved future rates.

NEW

Country Analysis

Detailed tax guidance for companies doing business in over 100 countries, including summaries and snapshots of key tax facts and issues.

NEW

Cross Border Tax Calculator

Calculate total tax costs and benefits of a cross border transaction including withholding tax, participation exemption and foreign tax credit rules.

NEW

Cross Border Tax Rates

Provides Domestic, treaty and EU cross border tax rates for over 5,000 country combinations for 9 different payment streams.

NEW

OECD BEPS Project

Complete overview of the OECD BEPS Project, including daily BEPS news, country adoption of BEPS measures, and an overview of the 15 BEPS Actions.

NEW

Tax Calendar

Customizable calendar tool that tracks corporate income tax, value added tax and transfer pricing obligations by country or entity.

NEW

Tax Forms

English translations of key tax forms for over 80 countries, including tax return forms, treaty benefit forms, withholding tax forms, and more.

NEW

Worldwide Tax Treaties

Repository including thousands of tax treaties (in English), OECD, UN and US Models, relevant EU Directives, Technical Explanations, and more.

NEW

Worldwide Tax Planner

Calculates the worldwide tax cost of what-if scenarios based on legal entity structure, taxable income, and cross border transactions.

NEW

Certified Rates Report

Customizable Certified Rates Report providing updated corporate and withholding tax rates at the end of each month for over 100 countries.

NEW

Withholding Tax Minimizer

Enables quick calculation of tax costs and benefits of cross border transactions considering all possible transaction combinations and optimal routes.

NEW

VAT Rates

Provides value added tax (VAT) rates, goods and services tax (GST) rates and other indirect tax rates for over 100 countries.

NEW

NOL Calculator

Country specific calculator to determine how net operating losses can be utilized in carryback and carryforward years.

NEW

Transfer Pricing Calculator

Calculates TP ratios under various TP methods and calculates the difference between target ratios and actual ratios.

NEW

Individual Income Tax Rates

Individual tax rates for over 100 countries.

Play of the Day

Crosss Border Rates

Provides Domestic, treaty and EU cross border tax rates for over 5,000 country combinations for 9 different payment Streams.

We’re here to help

We’re here to answer any questions you have about the Orbitax products and services.

Send us a message

Who’s behind Orbitax?

We’re committed to providing high value, low cost tax research and management solutions.

Learn More