Publications
28 September 2009
Tax law
VAT on services
VAT Directive implemented in France
As from January 1st, 2010, and for the rendering of services, the VAT territoriality rules will be modified. With numerous exceptions, the basic rule will now be that VAT is due in the country of the client when the client is subject to VAT (“assujetti”) and in the country of the supplier when the client is not subject to VAT.
This new rule will imply a high level of vigilance to obtain and to ensure the validity of the VAT number of clients.
In order to audit the application of those new rules, a new declaration will be created : the declaration of exchange of services
This author's articles
Other Publications
Tax law
Transfer tax in case of shares held in a foreign real estate entity
7 June 2010 - By
The French tax administration rules on the possible use of a credit for foreign taxes
Exceptional tax on bonuses paid by French banks and investment institutions (Corrective Finance Bill for 2010)
26 March 2010 - By Stéphanie Le Men-Tenailleau
The 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 (...)
Social security regime of the conventional termination indemnities and of "Golden parachutes"
21 September 2009 - By Stéphanie Le Men-Tenailleau
Circular of the French social security direction dated July 10, 2009 in relation to the new social security treatment of some termination indemnities.
Registration taxes
21 September 2009 - By
A transfer of shares may be recharacterized into a transfer of going business
Change in French business tax
21 September 2009 - By
Brief on French business tax to be replaced by a new tax so-called "Cotisation Economique Territoriale" (Draft Finance Bill for 2010)
New impatriates regime: additional information
20 September 2009 - By Stéphanie Le Men-Tenailleau
The French tax authorities published on July 30, 2009 a tax circular related to the impatriates regime, as amended by the law dated August 4, 2008. Here are the main additional information given (...)