New obligation for french companies to declare beneficial owner(s)
The STCPARTNERS name and logo are registered trademarks. All rights reserved As of 1 August 2017, all unlisted French companies must declare their beneficial owners (“bénéficiaire effectif”) upon registration or at any time when there is a change. Companies already registered have until 1 April 2018 to comply with this...
Newsletter - French Parliament adopts corporate income tax surtaxes
On November 14, 2017, the French Parliament definitively adopted a draft bill introducing exceptional corporate income tax surtaxes for companies having gross revenue exceeding €1 billion. The bill was submitted to the French Constitutional Council that must adjudicate upon its conformity to the Constitution within 1 month. Par Denis Fontaine-Besset, associé, et Stéphanie...
Newsletter - Confirmation of the possibility to obtain a refund of the 30% employer's contribution applicable to free share awards
The French Supreme Court has confirmed on October 12, 2017 (Cass. 2e civ., 12 octobre 2017, n° 16-21.686) the possibility to obtain the refund of the employer’s contribution related to free shares granted according to a General shareholder meeting’s authorization – or foreign equivalent – given before August 8 2015...
Draft finance bill for 2018
STCPartners provides a selection of different measures proposed in the recent draft finance bill for 2018 concerning business and individual taxation in France and which will be submitted to the French parliament in the coming months.
Employment Law Newsletter - September 2017
The ordinances reforming the French labor law were published on September 23. The purpose of these ordinances is to simplify the daily relationship between employer and mployees within companies. It was one of Emmanuel Macron’s main promises when he was campaigning to become President. This newsletter summarizes the main changes...
Newsflash - French Tax Court provides its views on OECD TP guidelines
French Tax Court provides its views on OECD TP guidelines. Comment and analysis by Denis Fontaine-Besset.
Newsflash - 3% contribution on dividends - the European Court of Justice censure
The long awaited decision of the ECJ expected to rule on the compliance of the 3% additional corporate income tax on distribution contribution with European rules on dividend taxation was released yesterday (17 may decision C-365/16). You will find below a comment and analysis of the decision. By Denis Fontaine-Besset