1st Subsection: Determination of net profits or income for the various categories of income

1. Income from transferable capital falling within the provisions of articles 118,119,238 septies B and 1678 bis give rise to the application of a withholding tax, the rate of which is set by 1 of Article 187, when they benefit persons who have their registered office in France or abroad or who do not have their tax domicile in France. However, income from debt securities mentioned in the first paragraph…

1. Is deemed to constitute distributed income subject to the withholding tax provided for in Article 2 of 119 bis any payment, up to the amount corresponding to the distribution of proceeds from units or shares referred to in b, made, in any form and by any means whatsoever, by a person who is established or has his tax domicile in France to the benefit, directly or indirectly, of a…

1. The withholding tax provided for in 2 of article 119 bis is not applicable to dividends distributed to a legal entity that meets the conditions listed in 2 of this article by a company or organisation subject to corporation tax at the standard rate. 2. In order to benefit from the exemption provided for in 1, the legal entity must prove to the debtor or the person who ensures…

1. The withholding tax provided for in 1 of article 119 bis as well as the levy provided for in III of Article 125 A is not applicable to interest understood, for the application of this article, as income from debts of any kind, excluding penalties for late payment, paid by a société anonyme, a société par actions simplifiée, a société en commandite par actions, a société à responsabilité limitée,…

The withholding taxes or levies provided for in articles 119 bis, 182 A bis, 182 B, 244 bis, 244 bis A and 244 bis B are not applicable to income and profits received or realised by a legal entity which provides evidence to the debtor or the person who ensures the payment of this income that it fulfils, in respect of the financial year during which it receives or realises…