In companies subject to income tax, the tax to be used to calculate net profit is obtained by applying to the taxable profit for the financial year, adjusted in accordance with the conditions set out in article L. 3324-3, the average income tax rate for the operator. This average rate is equal to one hundred times the figure obtained by dividing the income tax due for the financial year in…
In companies subject to partnership tax, net profit is calculated as the sum of the following elements: 1° The portion of taxable profit for the financial year attributable to those partners liable for corporation tax, less the tax that these companies would have paid if they had been personally liable for corporation tax, calculated at the standard rate for this tax; 2° The portion of taxable profit for the financial…
The net profit of members of companies subject to the partnership tax regime is calculated without taking into account their share of the profits of these companies, or the tax corresponding to these profits.
The salary used as a basis for the proportional distribution of the special profit-sharing reserve is equal to the total earned income, as taken into account for the determination of the basis for contributions defined in article L. 242-1 of the Social Security Code, received by each beneficiary during the financial year in question, without this total exceeding a sum, which is identical for all employees and is set out…
For periods of absence due to maternity leave, adoption leave or bereavement leave and for periods of suspension of the employment contract due to an accident at work or an occupational disease or quarantine, the salaries to be taken into account are those that the beneficiary would have received had he not been absent.
The amount of rights that may be allocated to any one employee may not, for any one financial year, exceed a sum equal to three quarters of the ceiling provided for in Article D. 3324-10.
Where the employee has not spent a full year with the same company, the ceilings provided for in articles D. 3324-10 and D. 3324-12 are calculated in proportion to the length of time the employee has been with the company.
The sums remaining in the special employee profit-sharing reserve, pursuant to the second paragraph of Article L. 3324-7, may only give entitlement to the deductions and exemptions provided for in Articles L. 3325-1 and L. 3325-2 in respect of the financial years during which they are distributed.
The ceilings provided for in articles D. 3324-10 and D. 3324-12 apply to the total profit-sharing allocated to each employee.
With the exception of articles R. 3322-1, D. 3323-8 to R. 3323-11, D. 3324-1 to D. 3324-10 and D. 3325-1 to R. 3326-1, the provisions of this Title are applicable to the supplement to the special profit-sharing reserve provided for in article L. 3324-9 and to the specific allocation agreement to which it may give rise.
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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