France Tax Authority Posts Administrative Doctrine on VAT Regime for Company-Provided Vehicles

The French General Directorate of Public Finance April 30 posted online an administrative doctrine on the VAT regime for company-provided vehicles with mixed professional and private use. Topics covered include: 1) the concept of stipulated consideration and the associated VAT implications; 2) guidance on territoriality, tax base, terms of payment, and the right to deduction; 3) declaring and paying VAT under common law conditions when the employee and employer reside in France; 4) optional VAT collection via the One-Stop-Shop (OSS) when an employee resides in France and the employer is in another EU state; 5) full VAT deduction on vehicles ...