As from 2014, French businesses are required to provide the accounts in electronic format in case of a tax audit.This requirement applies to the fiscal years ending in 2011 and later. Paper documents are no longer allowed, all accounts need to be provided in an electronic format.
A special format is required, the technical specifications are provided by the French tax authorities.
Please note that in addition only French accounting rules are allowed, e.g. IFRS or US GAAP is no longer allowed.
Author: Daniëlle van der Meulen – Idema, Sr. VAT Specialist