France Administrative Court of Appeal of Toulouse Clarifies Chargeability of VAT Under Agricultural Cash-Basis Regime

The French Administrative Court of Appeal of Toulouse May 21 issued Decision No. 24TL02315, clarifying the chargeability of VAT under the agricultural cash-basis regime. The taxpayer, a real estate company engaged in acquiring and managing vineyards, sought relief from additional VAT assessments and reinstatement of a VAT credit following a tax audit for 2018 and 2019, after the Administrative Court of Nimes rejected its claims. On appeal, the Administrative Court of Appeal of Toulouse found that: 1) entries in customer accounts only evidence invoicing and can’t be treated as actual receipts of payment triggering VAT; 2) VAT under the agricultural ...