3°: Provisions common to turnover tax and industrial and commercial profits

1. Sole traders and companies referred to in Article 239 quater A subject to the regime defined in article 302 septies A bis may keep super-simplified accounts. These accounts only record details of receipts and payments on a daily basis. Receivables and payables are recorded at the end of the financial year except for expenses relating to overheads, which are paid at regular intervals not exceeding one year (1); inventories…

The provisions of article 302 septies A bis are not applicable to natural or legal persons or to legal or de facto groupings of persons who carry out an occult activity within the meaning of the second paragraph of article L. 169 of the Book of Tax Procedures.