Our advice to fulfil your tax declarations in the best way The introduction of withholding tax (“prélèvement à la source”) does not exempt you from completing and validating your income tax return (“déclaration de revenus”). Due to the health crisis...
Until 2018, companies benefited from a reduced corporate tax rate on the sale, concession and sub-concession of eligible intellectual property assets: either a reduced rate of 15.5% (Article 39 terdecies of the French General Tax Code), or a unique r...
All patrimony professionals are now asking themselves: should you house your rental investments in a real estate property company (« sociétés civiles immobilières ») subject to corporate tax (« impôt sur les sociétés »)? Indeed, there are almost only...
The terms and conditions governing the liability for corporate income tax of foreign States that carry on in France a real estate leasing business directly or through SCIs with which they are associated, are specified by the “Conseil d’Etat...
The exit of the United Kingdom from the European Union on 1 February 2020 is subject to a transitional period until at least the end of the year. The withdrawal agreement regulates the consequences of this exit during this period in tax matters and e...
Taxpayers in the non-commercial profits (NCP) category, that fall within the scope of the controlled declaration, has to subscribe, in practice by 20 May 2020 at the latest, to the declaration n°2035-SD and its annexes. Taxpayers which are not in the...
The Court of Justice of the European Union (CJEU) considers that the losses of a non-resident subsidiary that have become definitive may be transferred within the tax integration of the integral parent company. For this reason, it is up to the latter...
In order to determine whether capital gains from disposals of fixed assets should be included in turnover, it is necessary to determine whether such disposals fit into the business model of the company. Corporate taxpayers with a turnover of ...
For the second quarter of 2019 the average effective rate applied by credit institutions for variable rate loans to companies with an initial maturity of more than two years, amounts to 1.36%. Interest paid to shareholders or associates of the...
The methods of calculating the withholding tax (retenue à la source) payable by foreign companies that make profits in France via a permanent establishment have given rise to two important decisions of the Council of state. In accordance with ...
In accordance with decree 2019-656 of 06/27/2019 Since January 1st, 2019, a flat-rate tax has been imposed on capital gains realized by private individuals during the occasional sale of digital assets, particularly cryptocurrencies (Law 2018-1...
Regulation of commercial leases provides that property tax, as well as fees and charges associated with the use of the premises (or the building in which such premises are located) or with the service used by the merchant, can be levied from him. Tha...
