French income tax withholding needs to be implemented by employers on January 1st, 2019, so employers are preparing for this important change. Are-you really ready for January 1st? Some questions
BEPS Corner
Action 1 On March 16th, the OECD published an interim report on the digitalization of the economy. The report is mainly an inventory of the situation, without any concrete proposal
The pre-pack asset sale plan: an effective tool for taking over a distressed French business
Taking over a distressed French business in the courts is a known (1985) and specific technique that has many advantages. This is known as a transfer of assets plan (“plan
Finance Tax Act for 2018 Anticipate impact and renewed opportunity for qualified share schemes
New free shares acquisition gain regime (so-called “Macron II” regime) The free shares tax and social regime has been modified by the 2018 Finance Tax Act (adopted on December 30th,
Non-performing loans: in order to increase the effectiveness of bank securities in the event of outstanding debts
The European Commission is considering creating a new tool, the “Accelerated Loan Security” The European Central Bank defines non-performing loans (NPLs) as loans with more than 90 days’ arrears or
The Transfer Pricing documentation obligation in France now (almost totally) complies with BEPS recommendations
In order to comply with OECD standards established in Action 13 of the BEPS project, the article 107 of the Finance law for 2018 updates the content of the transfer
Profit split: uncertainty remains
As part of the BEPS project, the OECD is updating its applicable transfer pricing guidelines. One of the most controversial issues in this update is the use of profit split.
Declaration of Beneficial Ownership: Don’t miss the April 1st, 2018 deadline
In the context of the implementation of the European Directive 2015/849 of 20 May 2015 on money laundering, the Executive Order 2016-1635 of 1 December 2016 reinforcing the fight against
Estate & investments income tax reform as from 2018
On July 12, 2017, the French Prime Minister, Edouard Philippe, confirmed the entry into force, as from 2018, of the tax reforms awaited by the investors notably since their announcement
Monthly Income tax withholding for tax residents – Postponement of the implementation and study on impact for companies
Pursuant to the 2017 Finance Act, a monthly income tax withholding system for tax residents was adopted on December 20, 2016 and was due to apply as from January 1st, 2018.