french tax system


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 […]

J2M, Paris Law Firm

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Taxation on homes of Non French Residents repealed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 […]


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 […]

J2M, Paris Law Firm

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 […]


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 […]

J2M, Paris Law Firm

J2M, Paris Law Firm

ANNUAL OBLIGATION TO BARGAIN ON WAGES

Where the employer, subject to annual obligation to bargain on wages at the firm level, does not meet this requirement during a calendar year must apply a 10% reduction of certain tax exemptions or contributions he received from the remuneration paid during that year: a general reduction of contributions called […]