#2018-898Law on Combating Fraud
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This French law strengthens measures to combat fraud by adjusting legal frameworks related to customs, fiscal, and digital compliance. It affects everyone from software developers to online platforms, increasing obligations and potential penalties for facilitating fraudulent behaviors.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Increased monitoring of software used for financial records to prevent fraud.
- Higher responsibilities and fines for online platforms not complying with tax regulations.
- Expansion of access rights for tax and customs authorities for better oversight.
Obligations
What this law requires
Software developers and editors of management, accounting, or cash register systems must present all codes, data, processing methods, and documentation to customs agents upon request that affect record-keeping, conservation, or integrity of original documents
Retain all codes, data, processing methods, and documentation for three years following the year the software or cash register system ceased being distributed
Prohibition on designing, editing, or technically intervening in software or cash register systems intended to modify, delete, or alter electronic records without preserving original data in order to facilitate customs fraud (Articles 414, 415, 459)
Distributors of software or cash register systems that knew or could not ignore the systems were designed to facilitate fraud must not distribute these products
Software developers, editors, and distributors who violate Article 65 quater face a fine of 15% of revenue from commercializing these products or related services for the current year and five preceding years