Tax & Finance

#92-1429Decree No. 92-1429 Regarding VAT and Indirect Taxes in the European Economic Community

🇫🇷France··Other·Medium Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

This French decree outlines the procedure for declarations related to VAT and other indirect taxes within the European Economic Community. It specifies how and when businesses must declare transactions involving the delivery, acquisition, or movement of goods between member states. The law affects companies involved in cross-border trade, requiring them to submit detailed reports to customs, either on paper or electronically by specific deadlines.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • Procedure for VAT and tax declarations clarified
  • Deadline set for submitting declarations is the tenth working day after the transaction
  • Specific requirements for information included in reports

Obligations

What this law requires

high

Submit VAT and indirect tax declarations to the customs administration on paper or electronically no later than the tenth working day following the month in which the tax became due or goods were moved

All persons (physical or legal) domiciled or established in France involved in cross-border intra-Community trade
reporting
high

Sign, date, and authorize declarations either personally or through an explicitly mandated third party

Persons required to submit declarations under Article 1
operational
medium

Submit separate declarations by type of transaction flow: introduction-acquisition or expedition-delivery

All declarants submitting multiple types of cross-border transactions
reporting
high

Include mandatory information on all declarations: VAT identification number, operator address, business name, declaration period, nature of exchange flow, statistical obligation level, and transaction regime

All persons submitting declarations
reporting
high

Include the acquirer's VAT identification number for VAT-exempt goods deliveries and transfer of goods for business purposes in other Member States

Persons delivering goods and supplies subject to VAT exemptions
disclosure

Affected Parties

French businesses involved in intra-community tradeCustoms authorities

Tags

VAT,tax compliance,international trade