french tax system

The French Tax system needs to be mastered in order to file your returns safely and in a timely manner.


How to devise new tax planning strategies

Modification of the ISF, abandonment of the tax shield, tightening on gifts and estates, tax increases on important life insurance contracts, setting up an Exit Tax : before leaving for recess , deputies and senators adopted the bill amending the taxation of wealth. While some cogitate on new tax planning strategies that will […]

J2M, Paris Law Firm

J2M, Paris Law Firm

French Research Tax Credit

The Minister of Economy, Finance and Industry and the Minister of Higher Education and Research presented a paper on the review of the research tax credit (CIR). Private Research and development (R & D) is a key factor for increasing business productivity, exports and business results. Thus, CIR is one of […]


The supplementary budgets for 2011

The text notably reduces the taxation of estate owning in favour of a heavier taxation on transfer of property, proceeds with the reform of the Wealth Tax and the removal of the tax shield. As originally planned by the Ministry of Budget, the law should yield nearly 200 million in additional revenue […]


Meeting of Heads of State and Government of the euro zone

The Minister of Economy, Finance and Industry presented a paper on the meeting of Heads of State and Government of the euro zone. The Heads of State and Government of the euro area and the institutions of the European Union met Thursday, July 21, 2011 to define a response to […]


Taxation on homes of Non French Residents repealed

The proposed surcharge for residential homes of the French living abroad and foreigner having second home or real estate investments in France, planned as part of the tax reform debate in Parliament, will be abandoned, said Saturday Thierry Mariani told AFP, Secretary of State for Transport . It was decided […]


J2M, Paris Law Firm

TRANSFER PRICING

The administration released earlier this year a statement on the new documentation requirements for transfer pricing (Instruction of 23 December 2010, four A-10-10) introduced by Article L 13aa of the LPF. The requirements apply to fiscal years beginning on 1 st January 2010, but in the context of tax audits […]


Thresholds relating to invoicing without VAT in the Member States

Entities granted a VAT exemption based on their volume of intra-Community acquisitions that does not exceed the annual threshold established by their State of establishment are invoiced without VAT (VAT in the Member State of the supplier). However, even if their turnover is below this threshold, the person benefiting from […]


FRENCH WEALTH TAX CHANGES FOR FOREIGNER

Taxation of wealth is under significant reform in the proposed supplementary budget for 2011, changing the scale of the ISF, the elimination of the tax shield and the increase of human donation are the key measures.But we keep forgetting that the Government also proposes “ new ability to pay tax […]


THE TAX SHIELD IS REMOVED

MPs adopted during the night from Friday to Saturday two items reducing the WEALTH TAX and removing the “tax shield”. It unanimously that the members voted in at about 2 o’clock in the night from Friday to Saturday, the repeal of the tax shield, a measure called “social justice” by […]


J2M, Paris Law Firm

Exchange of confidential market information and business

Agreement / Area Acrylic / Fine / Judgement of the Tribunal (June 7) The EU Court ruled, on June 7, the fines imposed in 2006 to Arkema and its subsidiaries and their parent companies successive Elf Aquitaine SA and Total SA, for their participation in a cartel in the acrylic […]