2: Determination of taxable profits

The basis for calculating the depreciation of fixed assets acquired or created using regional development or land-use planning premiums, orientation premiums for agricultural and food product companies, installation and craft development premiums, and equipment premiums in the overseas departments, granted during the years prior to 2006 is increased, for the determination of taxable profit, by half the amount of the premium. A decree in the Conseil d’Etat sets the terms…

Buildings allocated to livestock farming activities and equipment and facilities intended for the storage of livestock effluent constructed, acquired or manufactured from 1 January 2016 until 31 December 2017 may be subject to exceptional depreciation equal to 40% of their cost price spread on a straight-line basis over five years. The same applies to capitalised renovation work on buildings allocated to livestock farming activities carried out over the same period….

I. – Buildings that are incorporated into agricultural production facilities intended to meet the obligations set out in Title I of Book V of the Environmental Code relating to facilities classified for environmental protection may benefit from the exceptional depreciation provided for in articles 39 quinquies E et 39 quinquies F. II. – The provisions of this article apply to investments made before 1 January 2011.

I. – Insurance and reinsurance companies may set aside tax-free provisions to meet exceptional expenses relating to operations that cover risks due to natural elements, atomic risk, civil liability risks due to pollution and space risks. For financial years ending on or after 31 December 2001, the same applies to risks relating to terrorist attacks, terrorism and air transport. The limits within which annual allocations to these provisions may be…

I. – Insurance and reinsurance companies are authorised to set aside, free of tax, a provision relating to their credit insurance operations other than those carried out for export on behalf of the State or with its guarantee. II. – The annual allocation made to the provision provided for in I is limited to 75% of the amount of underwriting profit net of reinsurance cessions made by the company in…

I. – Insurance and reinsurance undertakings, supplementary occupational pension funds mentioned in Article L. 381-1 of the Insurance Code, the supplementary professional retirement mutuals or unions referred to in Article L. 214-1 du code de la mutualité et les institutions de retraite professionnelle supplémentaire mentionnées à l’article L. 942-1 of the Social Security Code may set up a tax-free provision to deal with fluctuations in claims experience relating to group…

I. – Insurance companies, supplementary occupational retirement funds mentioned in Article L. 381-1 of the Insurance Code, mutual insurance companies or supplementary occupational retirement unions mentioned in Article L. 214-1 du code de la mutualité or the institutions for supplementary professional retirement mentioned in article L. 942-1 of the Social Security Code may set up a tax-free provision to deal with the overall management loss relating to all life, nuptial,…

The allocations to the capitalisation reserve recognised as expenses for accounting purposes and their reversals which the persons mentioned in 1° to 6° and 9° to 11° of B of I of Article L. 612-2 of the Monetary and Financial Code made pursuant to the legislative and regulatory provisions of the Insurance Code, the Mutual Insurance Code or the Social Security Code that govern them are not taken into account…

The deposit guarantee and resolution fund mentioned in article L. 312-4 of the Monetary and Financial Code is authorised to set aside, free of tax, a provision for intervention risk as defined in article L. 312-9 of the same code.

Companies that let a property under the conditions provided for in article L. 313-7 of the Monetary and Financial Code may set aside a tax-free provision to take into account the difference between, on the one hand, the value of the land and the residual value of the buildings and, on the other hand, the price agreed for the possible sale of the building at the end of the leasing…