France: Government publishes draft Finance Bill for 2021

06 October, 2020

On 28 September 2020, the Council of Ministers adopted the French Budget Bill for 2021 or Finance Bill 2021. The draft Bill also includes the recovery plan to restore the economy following the coronavirus pandemic. French Parliamentary discussions

See More

France: Finance Ministry announces tax payment plans for SMEs

11 September, 2020

Due to COVID-19 pandemic, on 17 August 2020, the Ministry of Economy and Finance announced some tax payment idea to assist very small enterprises (VSEs) and small and medium-sized enterprises (SMEs), who have faced economic consequences by the

See More

France: Tax administration postpones deadline of annual transfer pricing return

21 August, 2020

On 14 August 2020, the tax administration announced that the deadline of annual transfer pricing return is extended until 31 January 2021 with financial year ended on 31 March 2020. Previously, On 10 June 2020, the tax authority announced to extend

See More

France: Government publishes third amending Finance Law for 2020

12 August, 2020

On 31 July 2020, the Government Officially published Law No. 2020-935, which was basically third amending Finance (Budget) Law for 2020. The Law includes the following changes: Deferral of DAC6 reporting obligations According to the Law, the

See More

DAC6 Updates: Optional deferral of DAC6 reporting deadlines

30 July, 2020

On 24 June 2020, the European Council reached agreement on an optional 6-month postponement to the reporting deadlines for relevant taxpayers under EU Directive 2018/822 (DAC6), and a delay to the exchange of information under

See More

France: Parliament approves the postponement of DAC6 reporting deadlines

30 July, 2020

Due to coronavirus outbreak, the European Commission has recently agreed to delay the entry into force of certain European Union (EU) taxation measures. Among these is the delay of Council Directive 2018/822, commonly known as the Directive on

See More

France: Government presents third amending Budget for 2020

16 June, 2020

On 10 June 2020, the Government announced that the Minister of Economy and Finance and the Minister of Action and Public Accounts have presented an amending finance bill for 2020. The Budget includes social contribution relief for affected sectors

See More

France: Tax authorities extend annual transfer pricing return up to 31 December 2020

15 June, 2020

On 10 June 2020, the Tax authority updated questions and answers regarding coronavirus outbreak and announced that the deadline for the annual transfer pricing return for companies whose fiscal year closed on 31 December 2019 is extended from 31

See More

France: Government postpones several payment of tax due to COVID-19 pandemic

04 June, 2020

On 29 May 2020, the Government made an announcement regarding an extension of the deadlines from 15 June 2020 to 30 June 2020 for the payment of corporate tax (IS) and contribution on added value (CVAE) installments due to

See More

France: Government announces to extend VAT refund deadline until 30 September 2020

22 May, 2020

On 18 May 2020, Government announced that taxable persons not carrying out tax operations and established outside EU may request reimbursement of the VAT they have incurred there, under certain conditions. Also, Government announced to extend the

See More

France: Tax authority publishes final guidelines for ATAD interest deduction limitations

15 May, 2020

On 13 May 2020, the tax authority published final guidelines regarding restrictions on interest deduction, including the amendments introduced by the Finance Law for 2019 to implement the EU Anti-Tax Avoidance Directive (ATAD). In accordance with

See More

France: FTA publishes additional guidance regarding DAC6

30 April, 2020

On 29 April 2020, the French Tax Authority (FTA) published additional guidelines concerning the mandatory disclosure and exchange of cross-border tax arrangements (DAC6). The guidelines describes the scope of the reporting obligations, including

See More

France: Tax authority announces exceptional measures to support businesses during COVID-19

16 April, 2020

On 6 April 2020, the French tax authorities announced exceptional tax measures in response to coronavirus outbreak. These are: The corporate income tax installment payment of March 15 could be delayed until 15 June for all companies. Companies

See More

OECD: Seven peer review reports on BEPS Action 14 published

13 April, 2020

On 9 April 2020 the OECD published a further batch of reports in relation to stage 2 of the peer reviews of the implementation of Action 14 of the action plan on base erosion and profit shifting (BEPS). The minimum standard under BEPS action 14

See More

France: Tax authorities publishes additional guide regarding DST

30 March, 2020

On 23 and 30 March 2020, the tax authority published additional instructions regarding digital service tax (DST), which applies as from 1 January 2019. The new guidelines complete the submission obligations and rules of how to collect DST published

See More

France: Government officially published a Decree regarding DAC6

25 March, 2020

On 19 March 2020, the Government published Decree No. 2020-270 dated 17 March 2020 in the Official Gazette to fix the content requirements contained in the declaration of a cross-border device mentioned in article 1649 AD of the general tax code

See More

France: Government publishes special tax measures

19 March, 2020

On 13 March 2020, the government passed special tax measures to assist taxpayers affected by the coronavirus pandemic. These measures include: The filing deadline for the 2019 corporate income tax return returns of calendar year filers is

See More

France: President announces to postpone the deadline for payment of taxes

19 March, 2020

On 12 March 2020, the President, Emmanuel Macron, announced that the deadline for the payment of taxes and social security contributions will be postponed from during March 2020 for all companies due to coronavirus outbreak. Also, the President

See More