This decision adds to caselaw relating to the calculation of the RTC by principals and their certified subcontractors. The French State Council recently ruled that a service provider certified by
A specific decision, concerning service companies’ Research Tax Credit (RTC), with two levels subcontracting
In the case at hand, pharmaceutical companies (principals) entrusted R&D operations to Hays Pharma (HP), a service company certified by the Ministry of Research. However, the latter did not carry
Nature of the work eligible to the Research Tax Credit (RTC) for the principal: eligibility of analytical studies and tests entrusted to a subcontractor called into question even if they were necessary to achieve research work
The National Federation of Seed Multiplier Farmers (FNAMS) subcontracted analytical studies and tests and included the corresponding expenses in its RTC basis. The Court considered that the subcontracted work could
Supplies of goods and services on aircrafts
All non-French airlines may benefit from the VAT exemption without limitation. According to French VAT rules, the supply, modification, repair, maintenance, chartering and hiring of the aircrafts used by French
Ghana: tax aspects
Highlights on recent tax amendments Ghana’s Minister for Finance announced a number of tax measures in the recent mid-year budget review for 2018. The measures are largely aimed at shoring
A recent law reinforces regulations on seconded employees (PWD)
The so-called “Professional Future” law, promulgated on September 5, continues the fight against illegal work and increases the penalties for transnational posting of workers. At the same time, it offers
The new law on “controlled immigration” improves the reception of international talent, but makes intra-group mobility stricter
The law on “controlled immigration, effective right of asylum and successful integration” of 10 September 2018 was published in the Official Journal of the French Republic on 11 September 2018.
French income tax withholding: focus on foreign employers and secondees to France
France will be moving to a current year tax at source system starting January 2019: this was confirmed by the French finance minister and tax administration, after several weeks of
Transfer pricing adjustments and customs: the Chinese example
Transfer pricing models implemented by Multinational Enterprises (MNE) often rely on the Transactional Net Margin Method (TNMM) to remunerate routine functions. A proper application of the TNMM involves the transfer
Key information on new French income tax withholding
France will be moving to a current year tax at source system starting on January 1st, 2019: this was confirmed by the French finance minister and tax administration, after several