French General Code of Local Authorities
In forceI. - (repealed)
II. - The allocations of the value added tax compensation fund made in the implementation of the automated processing of budgetary and accounting data provided for in II of Article L. 1615-1 are determined on the basis of the net balance of the accounts appearing on the list fixed by the order mentioned in IV of Article R. 1615-1 by application of the rates fixed in the last two paragraphs of I of Article L. 1615-6.
III.
For communities of conurbations, communities of communes, public territorial establishments, new communes, metropolises and urban communities that replace communities of conurbations, the payment of compensation fund allocations for value added tax is made quarterly. For quarterly payments that take place before the accounts are closed, an adjustment may be made on the basis of the balance of the accounts finally closed.
IV. - Expenditure charged to an account selected under the automated processing of budgetary and accounting data procedure may not be the subject of an allocation from the compensation fund for value added tax under the declaratory system provided for in the second paragraph of II of Article L. 1615-1.
For the expenditure mentioned in III of Article L. 1615-1, the compensation fund may be used to cover the cost of the VAT.
For the expenditure mentioned in III of Article L. 1615-6 that has been the subject of an allocation from the compensation fund for value added tax during the year in which the work was carried out and charged to one or more accounts covered by the automated processing procedure, the allocation is reduced, when the automated liquidation of this fund takes place, by the payments made to this or these accounts in the year of the advance payment from the fund.
