The French Government adopted a new additional transfer pricing documentation requirement codified under Article 223 quinquies B of the French General Tax Code. According to the new rule certain taxpayers will be able to file a “reduced” transfer pricing documentation within six months of the official deadline for filing their tax return.
The Foreign Trade Association (FTA) released in June 2014 an unofficial and draft version of the new tax return form (Transfer Pricing Statement), to professional organizations with an objective to get comments from industry. Up to now no final version has been issued.
The FTA has issued on 2 July 2014 a communication providing the postponement of the filing date of the Transfer Pricing Statement.
For all companies that had to file the statement between end of June and early November (depending on the end of the fiscal year) the deadline is now 20 November 2014.
