I.-The net income from holdings, giving entitlement to the application of the parent company regime and referred to in article 145, received during a financial year by a parent company, may be deducted from the latter’s total net income, after deduction of a share of costs and expenses. The share of costs and expenses provided for in the first paragraph of this I is set at 5% of the total…
When they are not deductible from the taxable income of a creditor company, debt waivers granted by the latter to another company in which it has a holding within the meaning of article 145 are not taken into account in determining the taxable results of the debtor company. To benefit from this provision, the debtor company must undertake to increase its capital in favour of the creditor company by an…
Interest and income received after 31 December 1955 on A shares in Société nationale des chemins de fer français which remain blocked after that date in the assets of the former concessionary companies will not be taken into account for the assessment of corporation tax payable by these companies.
Corporate entities which subscribe before 1 July 1964 to the initial capital of the sociétés immobilières conventionnées referred to in Order no. 58-876 of 24 September 1958 or to their capital increases, and which pay up the shares thus subscribed by 31 December 1965 at the latest, may, under the conditions and subject to the reservations provided for in article 43 bis, disregard the net income from said shares when…
Sums corresponding to the share of profits made by joint agricultural interest companies that is allocated to suppliers or customers who are farmers or bodies mentioned in article L 541-1 of the Code rural et de la pêche maritime, in proportion to the transactions carried out by each of them, are allocated free of corporation tax when the latter are members or members of one of the organisations referred to…
I. – For the purposes of determining their taxable income, companies may deduct expenses incurred as a result of the exercise of share subscription or purchase options granted to their employees pursuant to Articles L. 225-177 to L. 225-184 and L. 22-10-56 of the French Commercial Code and as a result of the free allocation of shares pursuant to Articles L. 225-197-1 to L. 225-197-3 and L. 22-10-59 of the…
(Paragraph not applicable) The additional payment made by cooperative production societies pursuant to the article 40 of law no. 78-763 of 19 July 1978 on the status of these companies, on the occasion of the issue of shares intended exclusively for their employees, is deductible from their profits for the assessment of corporation tax.
I. – For corporation tax purposes, companies may amortise, over a period of five years: 1° Sums paid for cash subscriptions to the capital of innovative small or medium-sized enterprises; 2° Sums paid for cash subscriptions to units or shares in venture capital mutual funds, professional investment capital funds, free partnership companies or venture capital companies whose assets consist of securities, units or shares in innovative small or medium-sized enterprises,…
For corporation tax purposes, companies may apply exceptional depreciation equal to 50% of the amount of the sums actually paid to subscribe to the capital of the companies mentioned in article 238 bis HO, up to a limit of 25% of the taxable profit for the financial year, from the year in which the investment is made. In the event of the sale of all or part of the subscribed…
I. – Companies subject to corporation tax with sales of less than 20 million euros in their last financial year may deduct from their taxable income a sum equal to the amount, excluding tax and excluding costs of any kind, in particular acquisition commissions, with the exception of transport, installation and commissioning costs that can be depreciated, of productive investments, less the fraction of their cost price financed by public…
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182, rue de Rivoli
75001, Paris France
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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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