France: New deadlines for implementation of e-invoicing
According to the proposed amendment, deployment of mandates would occur in two stages
According to the proposed amendment, deployment of mandates would occur in two stages
The French Congress on 17 October 2023 received a proposed amendment to the 2024 finance law (Amendment No. I-5395) outlining a new timeline for the implementation of electronic invoicing (e-invoicing) and electronic reporting (e-reporting) mandates in France.
According to the proposed amendment, the deployment of these mandates would occur in two stages:
- First phase starting from September 1, 2026: All taxpayers would be required to have the capability to receive electronic invoices. Large and medium-sized taxpayers would be required to fully comply with the e-invoicing and e-reporting mandates.
- Second phase beginning September 1, 2027: Small, micro, and enterprise taxpayers would be required to fully comply with the e-invoicing and e-reporting mandates.
To allow for some flexibility on the implementation, the proposed amendment states that these deadlines may be delayed by one quarter if necessary. Further details will be provided later by the Ministry of Finance.
For more information, contact a KPMG tax professional:
Kathya Capote Peimbert | kcapotepeimbert@kpmg.com
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