French Business Law - French Legislation

Article 990 D of the French General Tax Code

November 7, 2023

Legal entities: legal persons, bodies, trusts or comparable institutions which, directly or through an interposed entity, own one or more properties located in France or are holders of real rights relating to these properties are liable for an annual tax equal to 3% of the market value of these properties or rights. For the purposes of the application of this article, any legal entity that holds an interest, in whatever…

Article 990 E of the French General Tax Code

November 7, 2023

The tax provided for in article 990 D is not applicable: 1° To international organisations, sovereign States, their political and territorial subdivisions, and to legal persons, bodies, trusts or comparable institutions that they majority control; 2° To legal entities: legal persons, bodies, trusts or comparable institutions, a) Whose real estate assets, within the meaning of Article 990 D, located in France, represent less than 50% of the French assets held…

Article 990 F of the French General Tax Code

November 7, 2023

The tax is due on the property or property rights owned on 1st January of the tax year, with the exception of property duly entered in the inventories of legal entities operating as property dealers or developer-builders. Where there is a chain of holdings, the tax is payable by the legal entity or entities which, in this chain, are closest to the property or property rights and which are not…

Article 990 G of the French General Tax Code

November 7, 2023

The tax provided for in Article 990 D is not deductible when calculating income tax or corporation tax.

Article 990 I of the French General Tax Code

November 7, 2023

I. – Where they do not fall within the scope of Article 757 B, sums, annuities or values of any kind owed directly or indirectly by one or more insurance and similar organisations, due to the death of the insured, are subject to a levy up to the amount of the share due to each beneficiary of these sums, annuities or values corresponding to the surrenderable portion of the contracts…

Article 990 I bis of the French General Tax Code

November 7, 2023

I. – 1. Where they do not fall within the scope of II ter of article 125-0 A or of I ter of article 990 I, sums which, on the day they were deposited with the Caisse des dépôts et consignations, were owed, directly or indirectly, by one or more insurance and similar bodies due to the death of the insured or due to the maturity of a life insurance…

Article 990 J of the French General Tax Code

November 7, 2023

I. – Natural persons constituting or benefiting from a trust defined in Article 792-0 bis are subject to a levy set at the highest rate mentioned in 1 of Article 977. II. – Where their administrator is subject to the law of a State or territory that has concluded an administrative assistance agreement with France with a view to combating tax fraud and tax evasion, the levy does not apply…

Article 991 of the French General Tax Code

November 7, 2023

Any insurance agreement entered into with an insurance company or company or with any other French or foreign insurer is subject, regardless of the place and date at which it is or was entered into, to an annual and compulsory tax in return for payment of which any writing evidencing its formation, amendment or amicable termination, as well as the copies, extracts or copies thereof issued, are, regardless of the…

Article 995 of the French General Tax Code

November 7, 2023

The following are exempt from the special tax on insurance agreements: 1° Reinsurance, subject to what is stated in Article 1000 ; 2° Insurance benefiting, under exceptional provisions, from exemption from registration duties ; 3° Insurance contracts on bodies, transported goods and carrier’s civil liability, merchant ships and fishing vessels taken out against maritime or river navigation risks of any kind ; 4° Contracts of insurance on the body, goods…

Article 998 of the French General Tax Code

November 7, 2023

By derogation from Article 991 are exempt from the special tax: 1° Group insurance and collective operations underwritten by a company or group of companies for the benefit of their employees or by a representative professional group of companies for the benefit of their employees or by a representative organisation of a self-employed profession or of public authority employees for the benefit of its members or as part of collective…

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French General Tax Code

Article 990 D of the French General Tax Code

Article 990 E of the French General Tax Code

Article 990 F of the French General Tax Code

Article 990 G of the French General Tax Code

Article 990 I of the French General Tax Code

Article 990 I bis of the French General Tax Code

Article 990 J of the French General Tax Code

Article 991 of the French General Tax Code

Article 995 of the French General Tax Code

Article 998 of the French General Tax Code

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French General Tax Code

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