I. – Net capital gains generated on the disposal of premises for office, commercial or industrial use or building land by a legal entity subject to corporation tax under the conditions of ordinary law are subject to corporation tax at the rate mentioned in IV of article 219 when the transfer is made to a legal entity. For the application of the first paragraph, the office premises or commercial or…
Non-repayable subsidies paid by employers to companies or organisations duly authorised to receive them as part of their contribution to the construction effort are not included in the taxable profits of the financial year in which they were paid, for the purposes of the corporation tax due by these companies or organisations. The amount of the grant is deducted from the cost price of the items built or acquired with…
The remuneration provided for in article L. 225-45 du code de commerce allocated in respect of a financial year to members of the board of directors or supervisory board of sociétés anonymes is deductible from the corporation tax base within the limit of 5% of the product obtained by multiplying the average deductible remuneration allocated during that financial year to the highest paid employees of the company by the number…
I. – In limited liability companies that have not opted for the partnership tax regime under the conditions provided for in IV of Article 3 of Decree no. 55-594 of 20 May 1955 as amended and whose managers have a majority shareholding, in partnerships limited by shares, as well as in limited partnerships, general partnerships, joint ventures and civil partnerships that have exercised the option provided for in Article 206…
For the application of the provisions of the first paragraph of Article 3 of 39, relating to the deduction of lump-sum allowances that a company allocates to its directors or company executives for representation and travel expenses, directors mean, in partnerships and joint ventures that have opted for the capital company tax regime, the partners in name and the members of these companies, in limited liability companies which have not…
The provisions of article 39 quinquies only apply to industrial, commercial or agricultural companies.
I. – Interest on sums left with or made available to a company by an affiliated company, directly or indirectly, within the meaning of 12 of the article 39, are deductible : a) Within the limit of those calculated on the basis of the rate provided for in the first paragraph of 3° of 1 of the same Article 39 or, if they are higher, on the basis of the…
I. – The net financial charges borne by an undertaking which is not a member of a group, within the meaning of Articles 223 A or 223 A bis, are deductible from taxable income subject to corporation tax up to the higher of the following two amounts: 1° Three million euros; 2° 30% of its income determined under the conditions of II. The amount referred to in 1° of this…
Corporate tax, the social contribution mentioned in article 235 ter ZC, the exceptional contribution mentioned in article 235 ter ZAA and income tax are not allowed as deductible expenses for tax purposes. The same applies, without prejudice to taxes which cannot be deducted by virtue of 4° of 1 of Article 39, to the taxes provided for in 1° of Article L. 421-94 of the French Goods and Services Tax…
1. The following are allowed as deductions: 1° In the case of sociétés coopératives de consommation, bonuses arising from transactions with members and distributed to the latter in proportion to the order of each of them; 2° In the case of sociétés coopératives de production, the share of net profits which is distributed to workers under the conditions provided for in 3° of article 33 of law no. 78-763 of…
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
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Paris Bar Registration n° (Toque) C2396
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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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