Lyon Administrative Court of Appeal of Lyon judges that a subsidy must be deducted in full from the CIR basis when the financed project is eligible for the CIR, regardless
The Green Industry Tax Credit (GITC), a new tax incentive at the service of the ecological transition
The finance bill for 2024 introduced a new tax credit for “investment in green industries ” (GITC or C3IV in French), which came into force on March 14. Following on
CICo: Publication of administrative doctrine and launch of a public consultation
On Thursday, April 13, the tax administration published in the Official Bulletin of Public Finances (Bofip) the doctrine regarding the CICo scheme, which has been in effect since January 1,
Decarbonization of industry: Launch of a new financial aid scheme
The energy transition is a major challenge for companies, especially for industry, which represents a significant share of greenhouse gas emissions. To support companies in their transition to a low-carbon
France, pioneer of the green industry in Europe: 5 projects for a national consensus
For Guillaume Kasbarian, Member of Parliament for Eure-et-Loir and President of the Economic Affairs Committee, “the course is clear: to make France the leading European nation in the green industry.
State Aid & RDI: adoption of a revised framework for State aid for Research, Development, and Innovation
The European Commission has opened new possibilities for supporting research, development, and innovation (“R&D&I”) through the adoption of a revised framework for State aid in this area. The “2022 R&D&I
RTC & the concept of public subsidy
Paris Administrative Court of Appeal judged that the subsidies paid by the professional committee for the development of the French wood furniture industries (CODIFAB) and by the national inter-professional association
With the publication of the long-awaited implementing decree, the Collaborative Research Tax Credit (CICo) becomes operational
The Finance Act for 2022 introduced a new tax incentive to promote innovation: the Collaborative Research Tax credit (CICo), codified in the article 244 quarter B bis of the CGI.
State aid and COVID-19: authorization of an aid scheme to support investment towards a sustainable recovery
In line with support measures for companies initiated during the COVID-19 pandemic by public authorities, the European Commission has just opened new support possibilities for France up to €7 billion.
Major changes in the administrative doctrine on the RTC and the ITC
One new version of the administrative doctrine on the RTC and ITC was published on 13th July 2021. In addition to considering recent legislative changes (Finance Laws for 2020 and 2021 concerning