The French Finance Ministry announced on 17 October 2013 a reduction in the threshold for application of the mandatory on-line reporting obligations, for companies in France not subject to corporation tax (IS) in 2013-2014.
From October 1, 2013, businesses that are not subject to corporation tax and whose turnover exceeds EUR 80, 000 will be required to submit and settle their value-added tax declarations and payments electronically, together with requests for VAT credit reimbursements.
Finally, from May 2014, companies not subject to corporation tax and with a turnover in excess of EUR 80,000 will be required to declare their results, value-added contributions, and details of salaried staff members on-line.
