On 19 April 2018, the Senate approved the multilateral convention to implement tax treaty related measures to prevent BEPS (MLI). The agreement will enable France to implement international tax cooperation initiatives, including the automatic exchange of Country-by-Country (CbC) reports under the BEPS Action 13. The Multilateral Instrument has been sent to the National Assembly for further approval. At the time of signature, France submitted its MLI position, listing its reservations and notifications and including 88 tax treaties that it wishes to be covered by the MLI.
Related Posts
France to reduce exceptional corporate tax surcharge in 2027
France plans to lower the exceptional corporate tax surcharge paid by very large companies in 2027, Prime Minister
Read More
France extends zero VAT treatment to air transport in Guadeloupe, Martinique
France has extended its 0% value added tax (VAT) rate to air transport services carried out in Guadeloupe and
Read More
Australia, France sign memorandum of understanding on arbitration under BEPS MLI
The Australian Taxation Office (ATO) has published a Memorandum of Understanding signed with France outlining the mode
Read More
France starts nationwide e-invoicing rollout for businesses
France's Directorate General of Public Finance began the nationwide rollout of business-to-business electronic
Read More
France updates guidance on VAT rate for cooling energy
France has clarified that the supply of cooling energy distributed through networks is subject to the reduced 5.5% rate
Read More
France updates income tax reduction guidance for SME investments
France’s tax authority has updated its guidance on income tax reductions for investments in small and medium-sized
Read More