France’s 2022 Financial Law, enacted on 31 December 2021, provides that the settlor or deemed settlor (beneficiary) of a trust is presumed to satisfy the 10% holding requirement of article
Certain trust tax provisions amended by 2022 financial law
The French tax authorities have published new Trust forms
Following the transposition of the European Directive 2015/849 on anti-money laundering and terrorist financing in France by the Ordonnance of February 12th, 2020, Article 1649 AB of the French Tax
Trusts – Your year-end “To Do List”
Trusts are still high priority for French tax authorities as evidenced by the recent publication of the Decree related to the Ordonnance published on February 12, 2020. As year-end is
Trust update: Extension of the Trustees reporting obligations… again
A new ordonnance transposing European directive on anti-money laundering regulations has extended the scope of the trust reporting obligation. « Business relationships » with France is a new criterion that