I: Taxable profits and income

I. – For income tax or corporation tax purposes, operating expenses incurred in scientific or technical research operations may, at the company’s option, be capitalised or deducted from the results for the year or financial year in which they were incurred. When a company has chosen to deduct them, these expenses may not be taken into account when assessing the cost of inventories. These provisions apply to expenses incurred in…

If a company that has opted for the regime defined in the second paragraph of 1° bis of 1 of Article 39 is absorbed by a company that has not exercised this option, the paid holiday pay corresponding to the rights acquired by the transferred employees, during the neutralised period defined below, is not deductible. This neutralised period is the period during which the unused entitlements of these employees were…

For income tax or corporation tax purposes, expenses incurred in connection with preliminary archaeological studies or archaeological operations that constitute an element of the cost price of a fixed asset may be deducted from the results of the financial year in which they are incurred, if they are carried out in application of the provisions of the amended law of 27 September 1941 regulating archaeological excavations, the amended law no….

Expenses relating to advertising prohibited by the articles L. 3323-2, L. 3323-4 and L. 3323-5 of the Public Health Code are not deductible in determining profits subject to income tax or corporation tax.

In accordance with the provisions of the first paragraph of Article L. 5422-10 du code du travail, employers’ contributions to the financing of the insurance allowance provided for in l’article L. 5422-1 of the same code as well as the additional allowance provided for in Article L. 3232-6 of the aforementioned code are deductible from taxable profits for the purposes of determining the income tax or corporation tax due by…

Sums paid by the company, in application of savings plans set up in accordance with the provisions of Title III of Book III of Part Three of the Labour Code are deducted from its profits for the purposes of income tax or corporation tax.

I. – In accordance with the first paragraph of Article L. 3315-1 du code du travail and subject to the provisions set out in the third paragraph of the same article, the amount of profit-sharing paid in cash by companies pursuant to a profit-sharing contract is deductible from the bases used for the assessment of corporation tax or income tax. II. – From 1 January 1991, dividends on labour shares…

Donations received by a company that has suffered loss as a result of a natural disaster recorded by an order issued pursuant to article L. 125-1 of the Insurance Code or an event with harmful consequences, mentioned by a decree countersigned by the Budget Minister taken in application of this provision, are not taken into account for the determination of taxable results.

1. Income and expenses corresponding to the late payment penalties mentioned in article L. 441-9 and in II of article L. 441-10 of the French Commercial Code are attached, for the purposes of determining the income taxable for income tax or corporation tax respectively, to the financial year in which they are received and paid. 2. The provisions of 1 apply to late payment penalties relating to receivables and debts…