The French tax authority has issued a notice on the repeal of the simplified VAT regime (régime simplifié d’imposition - RSI) on 1 January 2027. The RSI provides an exemption from standard periodic VAT filing requirements for taxpayers with taxable turnover exceeding the VAT exemption thresholds, but with total annual output VAT due not exceeding EUR 15,000. For these taxpayers, two advance payments are made per year, with an annual return and balance payments required in the following year.…