Part One: State taxes

I. – For their supplies of goods and services, taxable persons established in France, with the exception of taxable persons carrying out an occult activity within the meaning of the second paragraph of Article L. 169 of the Book of Tax Procedures, benefit from an exemption which exempts them from paying value added tax, where they have not achieved: 1° A turnover in excess of : a) €91,900 in the…

The exemption mentioned in Article 293 B is not applicable when the administration has drawn up a report of flagrance fiscale, under the conditions set out in Article L. 16-0 BA of the Book of Tax Procedures, in respect of the year or financial year during which the report is drawn up.

The exemption referred to in I and IV of article 293 B is not applicable: 1° To the transactions referred to in I of article 257 ; 2° To the transactions referred to in Article 298 bis ; 3° To transactions subject to value added tax by virtue of an option provided for in Articles 260,260 A et 260 B. 4° To the supply of new means of transport carried…

I. – The turnover figures referred to in I and IV of article 293 B are made up of the amount excluding value added tax of supplies of goods and services carried out during the reference period, with the exception of exempt transactions and disposals of tangible or intangible capital goods, but including real estate, banking, financial and insurance transactions that are not ancillary transactions and the transactions referred to…

Taxable persons benefiting from a tax exemption mentioned in Article 293 B may not deduct any value added tax or show the tax on their invoices, fee notes or any other document in lieu thereof. In the event of an invoice, fee note or any other document in lieu thereof being issued by these taxable persons for their supplies of goods and services, the invoice, fee note or document must…

I. – Taxable persons eligible for the exemption (1) referred to in article 293 B may opt for payment of value added tax. II. – This option takes effect on the first day of the month during which it is declared. It must cover a period of two years, including the period during which it is declared. It is renewable by tacit agreement, unless terminated at the end of each…

I. – The taxable persons referred to in III of article 293 B who meet the conditions for exemption and who have not opted for payment of value added tax are excluded from the benefit of the exemption when the cumulative amount of the operations referred to in III and IV of article 293 B exceeds the sum of the turnover referred to respectively in III and IV of the…