Section II: Taxable income

I. Companies subject by right or by option to an actual system of taxation of their results and which carry on an industrial, commercial or craft activity within the meaning of article 34 are exempt from income tax or corporation tax on profits made, excluding capital gains arising on the revaluation of assets, until the end of the twenty-third month following the month in which they were created and declared…

A company qualifies as a young innovative company carrying out research and development projects when, at the close of the financial year, it simultaneously meets the following conditions: 1° it is a small or medium-sized company, i.e. employing fewer than 250 people, and which has either achieved a turnover of less than 50 million euros during the financial year, reduced or extended where applicable to twelve months, or a balance…

I. – 1. Companies meeting the conditions set out in Article 44 sexies-0 A are exempt from income tax or corporation tax on profits made in respect of the first profitable financial year or tax period, this period of total exemption for profits made may not exceed twelve months. Profits made in respect of the financial year or tax year following this exemption period are only subject to income tax…