As announced in our Corporate newsletter of October 19, 2018, the legal framework for foreign investments in France has been modified by the PACTE Law. A decree (Decree no. 2019-1590) and an order (Order ECOT1937237A) published on December 31, 2019 … Lire plus
Four nominations for our Tax Department in “2019 Décideurs – Leaders League – France”: LBO and transactions tax law, non profit organizations tax law, and tax litigation. Warm congratulations to the team: Phillippe A. Schmidt, Johanna Segalis and Jean Barrouillet!
In a decision dated December 3, 2019 (n°17/02275), the Grenoble Cour d’Appel ruled on the criteria required for a holding company to obtain leadership status with regard to French wealth tax (ISF), taking the view that a company must have … Lire plus
The French law 2019-744 of July 19, 2019 (Soilihi Law) eliminated the requirement for simplified joint stock companies (SAS) to assess contributions in the form of services or know-how (apports en industrie) and, in some cases, the requirement to assess … Lire plus
The French draft Finance Bill for 2020 introduces a new tax residency requirement for executives of major French companies (article 4 B of the French Tax Code). According to the draft measure, officers of companies with headquarters in France and … Lire plus
The law no. 2019-744, dated July 19, 2019, on the simplification, clarification and modernization of company Law, known as the SOILIHI Law, came into effect and was published in the Journal Officiel on July 20, 2019. One of the measures … Lire plus
The 2019 Finance Act introduced a general anti-abuse corporate tax rule that allows the tax administration to disregard an arrangement or series of arrangements which: i. Having been put in place for the main purpose or one of the main … Lire plus
One of the aims of the French PACTE Law (Action Plan for Business Growth and Transformation) is to increase gender equality within companies. Since 2011, members of the Board of Directors or the Supervisory Board of limited liability companies (sociétés … Lire plus
Since January 1, 2016, individuals whose employment income falls within certain brackets are required to pay the “universal healthcare contribution”, also known as the “PUMA tax”. Prior to January 2019, those required to pay this tax included individuals: – Whose … Lire plus
On April 11, 2019, the Law “for the growth and transformation of enterprises” (PACTE Law) was adopted by the French Parliament. With regard to commercial companies’ requirement to appoint a statutory auditor, three major considerations deserve attention: 1/ The thresholds … Lire plus
