The French tax authorities have updated their comments regarding the VAT deductibility on imports. As a reminder, the 3rd Amending Finance Act for 2012 (Article 64 of Law n°2012-1510 dated 29 December 2012) has set forth that the VAT deductibility on imports is no longer depending on prior payment of the tax, but its chargeability. Thus, the VAT which can be deducted by the persons liable to VAT, is the VAT that is "chargeable" on imports, and no longer the VAT that is "perceived" on imports (BOI-TVA-DED-10-30-20130308 and BOI-TVA-DED-40-20-20130308 dated 8 March 2013).