Companies in France now have the option to file their corporate tax returns online for the next financial year thanks to a law recently passed by the French government.
Le Conseil Superieur de l'Ordre des Experts-Comptables (France's Order of Chartered Accountants), an organisation of practising accountants acting as a watchdog body over the profession, have signed a five-year agreement with e-financial services company ASP-One which will act as a web portal to deal with the online tax filings by providing access to a guaranteed private network.
In addition to processing the tax e-filings ASP-One will also process payroll details for the French tax department which will lessen the bureaucratic burden currently suffered by larger companies; it's hoped that this will tempt more businesses onto the Internet to file their returns.
Currently the e-filing system is only available to medium to large sized companies and can not be accessed by individuals and small businesses who must continue to use the traditional paper method.
France is one of the latest countries to introuce electronic tax filing, and it will be interesting to see how the French tax department fares. After some teething problems the US has begun to offer e-filing as a viable alternative with the announcement this week that it is now a completely 'paperless' and efficient service with expectations of around 42 million online tax returns this year. The UK Inland Revenue is also offering the service but previous criticism over security has hindered uptake. And it is this lack of confidence that has led many countries to become undecisive on the adoption of an e-filing service. No doubt they will be watching the French government's experience very carefully.
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