Wealth Tax : French tax authority loses a major dispute
Our partner, Hervé-Antoine Couderc, has been interviewed on Les Echos about the French Court of Cassation’s ruling invalidating the position of the tax authority regarding lead holding companies (known in France as a ‘holding animatrice’), a key factor for many asset taxation regimes.
The Cour de Cassation delivers a major judgment regarding active holding companies of groups
After many years of uncertainty and misunderstanding by taxpayers and legal professionals, the question as to whether a single minority shareholding by a group’s active holding company is sufficient to deprive it of its active nature has been decided. The Cour de Cassation (Supreme Court of the judicial order) delivered...
The Finance Law 2019 - Contribution and sale : changes to the conditions governing the reinvestment of sale proceeds
Article 115 of Finance Law for 2019 extended the conditions governing the reinvestment of sale proceeds to some funds and private equity companies.