VAT news tagged as "SAD"

France

French customs simplifies importing

December 7th, 2009

French Customs have recently introduced changes to Customs Import Declaration (SAD) which is part of earlier reforms on French VAT registration requirements for foreign importers. In September 2006, the French VAT authorities introduced an additional reverse charge derogation to help stem the colossal losses arising from VAT frauds. This change eliminated most of the scenarios …