France has implemented the provisions of Article 19 of the Principal VAT Directive to enable the transfer of all or part of a business to be treated as not being a supply of goods for VAT purposes.
These provisions are known as the 'transfer of going concern' provisions or TOGC.
The main features of TOGC treatment are as follows:
• If the relevant conditions are fulfilled (see below), TOGC treatment applies automatically.
• The effect of TOGC treatment is to enable the transfer of business assets to be made without VAT applying
Web page updated on 17 Mar 2025 16:26
