24 September 2012 - By Sonia Bonnabry
France’s recently elected Socialist government has already announced new tax policies aimed at large companies, with changes to anti-abuse and controlled foreign company rules likely to lead to mire tax authority challenges next year.
Compensation & Benefits
Exceptional tax on bonuses paid by French banks and investment institutions (Corrective Finance Bill for 2010)
26 March 2010 - By Stéphanie Le Men-TenailleauThe French Parliament adopted on March 9 the Corrective Finance Bill for 2010, which creates an exceptional 50% tax on variable compensations paid to some of their employees by bank (...)
21 September 2009 - By Stéphanie Le Men-TenailleauCircular of the French social security direction dated July 10, 2009 in relation to the new social security treatment of some termination indemnities.
21 September 2009 - By Stéphanie Le Men-TenailleauNon approval of a regulated agreement by the Shareholders meeting does not trigger nullity of the agreement.
7 June 2010 - ByThe French tax administration rules on the possible use of a credit for foreign taxes
28 September 2009 - ByVAT Directive implemented in France
21 September 2009 - ByA transfer of shares may be recharacterized into a transfer of going business
21 September 2009 - ByBrief on French business tax to be replaced by a new tax so-called "Cotisation Economique Territoriale" (Draft Finance Bill for 2010)