Wealth Tax : French tax authority loses a major dispute
Our partner, Hervé-Antoine Couderc, has been interviewed on Les Echos about the French Court of Cassation’s ruling invalidating the position of the tax authority regarding lead holding companies (known in France as a ‘holding animatrice’), a key factor for many asset taxation regimes.
The Cour de Cassation delivers a major judgment regarding active holding companies of groups
After many years of uncertainty and misunderstanding by taxpayers and legal professionals, the question as to whether a single minority shareholding by a group’s active holding company is sufficient to deprive it of its active nature has been decided. The Cour de Cassation (Supreme Court of the judicial order) delivered...
The Finance Law 2019 - Contribution and sale : changes to the conditions governing the reinvestment of sale proceeds
Article 115 of Finance Law for 2019 extended the conditions governing the reinvestment of sale proceeds to some funds and private equity companies.
Newsletter - Draft Finance Bill for 2019
In this newsletter, Pierre Bouley, partner, and Stéphanie Desprez, Of Counsel, deliver an overview of the main changes concerning corporate income tax in the draft Finance Bill for 2019.
Newsletter - Professional alerts - Authorization AU-004
La Loi Sapin 2 est venue instituer un régime commun des dispositifs d’alerte professionnelle en définissant notamment le lanceur d’alerte et en lui consacrant une protection juridique. Le dispositif de la Loi Sapin 2 (art. 8) vise toutes les personnes morales de droit privé ou de droit public employant au moins...
Judicial convention in the public interest
Law No. 2016-1691 of 9 December 2016 on transparency, the fight against corruption and the modernisation of economic life (known as the Sapin 2 Law) creates a new compromise procedure applicable to corruption, influence peddling and tax fraud laundering and defines its regime in Article 41-1-2 of the French Code...
Newsletter - B2B payment terms
French law provides a strict regulatory framework for terms of payment in contracts between companies. All companies are concerned, irrespective of the industry in which they operate, their turnover or legal form, or whether they are private or public- sector entities. Compliance is verified by the General Directorate for Competition Policy,...
Newsletter - Eclairage sur le décret du 18 avril 2018 sur les bénéficiaires effectifs
Après plusieurs mois d’attente, le fameux décret sur le bénéficiaire effectif annoncé par l’ANSA au mois d’octobre 2017 et que le monde des affaires attendait avec impatience est enfin paru. Ce décret du 18 avril 2018 complète le dispositif de lutte contre le blanchiment de capitaux et le financement du...
Newsletter - Spotlight on the social and economic committee
The bill ratifying all the “Macron Orders” has been finalized and is about to be validated by the French Supreme Court. We would like to draw your attention more specifically to the CSE, the new employee representative body to be established no later than December 31, 2019. .
Finance law for 2018 and modifying finance law for 2017 – Changes that will affect your business.
The finance bill for 2018 and the modifying finance bill for 2017 have been adopted by the parliament on December 21 2017. The constitutional court finally made its decisions on the consistency of the legislation with the constitution and the provisions are now effective. You will find below a description of a selection of main changes affecting businesses.