On July 6th, the Tax Administration released an updated version of the official administrative guidelines (BOFiP) concerning staff expenses eligible to the RTC. In its new guidance, the administration softens
RTC tax audit: the Administration has to give to the taxpayer the name of the expert appointed by the French Ministry of Research
During an expertise, the agents of the French Ministry of Research are to be unbiased and independent, as any administrative authority. If the company under audit thinks that an agent
Audits by the agents of the French Ministry of Research: no compulsory open and oral debate with the taxpayer
Every taxpayer is entitled to have an open and oral debate with the tax administration during a tax audit. As for the Research Tax Credit (RTC), the tax administration can
2016 Contracts Law Reform: Brief Overview on the Major Modifications
Since the coming into force of the 2016 French Civil Law reform (Ordinance of 10 February 2016), it might be of interest to have a clearer view of the main
The French Rules of “Collborative Platforms”
The new standards entered into force since July 1st, 2016 The “collaborative” economy via an Internet platform, provides for many individuals additional income which for some of them can be
Suspension of the new decree allowing public access to the French trust register
On July 22nd 2016, French Conseil d’Etat suspended public access to the trust register. The executive decree of May 10th 2016, completed by a budget order of June 21st 2016,
Supreme Court restricts the application of the Quemener case law to achieve tax free step-up of real estate assets
The French Supreme Court (CE 6 juillet 2016 n°377904, 8e et 3e s.-s, min c/ SARL Lupa immobilière France) has just issued a decision which, although ruled in a quite
Reverse-charge mechanism for import VAT in France
Following the publication on the Economie Bleue law, it is possible to elect to account for VAT under the reverse-charge mechanism by way of simple option, from 22, June 2016,
Receipt of dividends by a holding company
The company Ginger held shares in its subsidiaries. The company took a management role with respect of all of its subsidiaries, providing them, to this effect, with services subject to
Law on the “Economie Bleue” – Reverse charge of VAT on importation – Simplifications for EU established businesses
From 22 June 2016, it is possible for companies established in the EU for using opt to use the reverse charge for VAT due upon impor-tation. There are no particular