Blog of AlterTax, law firm
Welcome to my tax blog, an invaluable resource for anyone seeking to navigate the complex and ever-changing world of taxation.
Whether you’re a seasoned finance professional, an entrepreneur managing the tax realities of your business, or simply an individual looking to optimize your tax situation, my blog offers valuable insights, practical advice and in-depth analysis.
Guide Expert Debours et TVA : Évitez les Erreurs Fiscales !
Disbursements and VAT: A Complete Guide for ProfessionalsThe management of disbursements and VAT represents a major challenge for professionals, particularly lawyers and other service providers. This complex tax issue requires a thorough understanding to avoid...
Guide Expert Debours et TVA : Évitez les Erreurs Fiscales !
Disbursements and VAT: A Complete Guide for ProfessionalsThe management of disbursements and VAT represents a major challenge for professionals, particularly lawyers and other service providers. This complex tax issue requires a thorough understanding to avoid...
Guide Expert Debours et TVA : Évitez les Erreurs Fiscales !
Disbursements and VAT: A Complete Guide for ProfessionalsThe management of disbursements and VAT represents a major challenge for professionals, particularly lawyers and other service providers. This complex tax issue requires a thorough understanding to avoid...
Guide Expert Debours et TVA : Évitez les Erreurs Fiscales !
Disbursements and VAT: A Complete Guide for ProfessionalsThe management of disbursements and VAT represents a major challenge for professionals, particularly lawyers and other service providers. This complex tax issue requires a thorough understanding to avoid...
Guide Expert Debours et TVA : Évitez les Erreurs Fiscales !
Disbursements and VAT: A Complete Guide for ProfessionalsThe management of disbursements and VAT represents a major challenge for professionals, particularly lawyers and other service providers. This complex tax issue requires a thorough understanding to avoid...
Multinationals: New Income Tax Rules in 2024
From June 22, 2024, multinationals will be subject to new income tax reporting requirements. Transposing European Directive 2021/2101 on public CbCR, Order no. 2023-483 introduces these major changes.
Finance Law 2024: Tax Control and Transfer Pricing
The Finance Bill for 2024 brings major changes to the tax auditing of multinational companies. These changes, particularly with regard to transfer pricing controls, are designed to step up the fight against tax fraud and improve transparency in intra-group transactions.
Delivery of goods: when is it taxable in France?
VAT, or Value Added Tax, is a crucial tax for businesses in France. However, its application depends on the place where the commercial transactions are deemed to take place. For deliveries of goods, territoriality rules vary depending on the situation.
Where are certain services taxed?
Tax auditing is already a complex process, but when it involves companies belonging to an integrated group, things can get even trickier.
Pacte Dutreil and family businesses: a winning combination!
The Dutreil pact is a scheme for transferring a business, usually a family business, with a partial exemption of up to 75% of the free transfer tax. The taxable amount of free transfer duties will therefore be calculated on 25% of the value of the securities sold.
France’s tax police: towards a repressive tax policy
The fight against tax fraud has become a major preoccupation for tax authorities in France. In response to this problem, the government has introduced a new tool: the tax police. This measure is an important step in the crackdown on tax crime, which is becoming increasingly severe. In this article, we’ll look at the introduction of the tax police in France and its impact on tax policy, as well as the importance of calling on the services of a tax lawyer specializing in criminal tax matters.
Tax inspection: how does the Administration check your tax returns?
Paying taxes is a legal obligation for all taxpayers. However, it is important to know that the tax authorities can check taxpayers’ tax returns for compliance.
What is the annual 3% contribution on real estate?
Legal entities that own real estate in France are subject to a tax of 3% on the value of their properties. This tax on the fair market value of real estate was introduced by the 1983 Finance Law with the objective of ensuring visibility of the chains of ownership of properties by French and foreign entities, allowing the identification of shareholders and thereby verifying the proper application of the Wealth Tax (ISF), now replaced by the Real Estate Wealth Tax (IFI).
Control of registration fees by the tax authorities
This control can generally lead to a rectification of the prices or valuations used in documents subject to the registration formality (these are numerous and include transactions involving movable and immovable property (gifts, transfers, inheritance in particular, but also IFI).
What debts are deductible under the IFI?
Debts on taxable (real estate) assets are deductible from the value of these assets for IFI purposes. However, this deductibility is excluded by law if the debts are not related to taxable real estate assets. This is the case, for example, for debts incurred to maintain the family’s lifestyle, to acquire non-taxable assets (such as a business) or exempt assets (such as premises used by a taxpayer for professional purposes).
Resources
French rights
Transfer pricing (art 57 CGI)
Transfer pricing documentation
Public finance website
Transfer pricing declaration form
CBCR form
Transfer pricing guide for SMEs
Technical resources
Transfer Pricing In France
OECD Transfer Pricing Guidelines
Fiscalité internationale
Overview of the French tax system
France’s international tax treaties
International law
BEPS Project
Transfer pricing action report (13)
Tax definitions
Taxation concerns the methods used by governments to collect revenue, mainly through taxes. This section clarifies these concepts, explaining the different types of tax and their impact on individuals and businesses.
Tax loss
Tax loss The term "fiscal deficit" evokes a reality encountered by many countries in the course of their budgetary management. It refers to a financial situation in which a government's expenditure...
Total tax charge
Total tax charge Understanding the total tax burden to which a company or individual is subject is of vital importance, both for optimizing resources and for meeting legal obligations. This article...
Net taxable income
Net taxable income When it comes to corporate taxation, the notion of net taxable profit is central. It is this value that largely determines the amount of tax to be paid by companies. But how is it...
Foreign assets
Foreign assets In an increasingly globalized world, holding assets abroad is a practice that concerns not only major investors, but also individuals seeking to diversify their wealth or benefit from...
Tax depreciation
Tax depreciation When it comes to understanding the mechanisms of corporate taxation, tax depreciation is an essential concept that deserves to be clarified. Its direct impact on financial results...
Tax-Free Zone
Tax-Free Zone For entrepreneurs and investors, the subject of taxation often evokes a certain complexity. However, certain legal schemes, such as the "Zone Franche Fiscale", are attracting growing...
Cadastral rental value
Cadastral rental value When it comes to property taxation, the notion of cadastral rental value (VLC) is essential. Understanding this concept is not only essential for property owners, but also for...
Tax unit
Tax unit The tax unit is a key concept in understanding individual and corporate taxation in the French tax system. Its mastery is essential for tax law professionals and contributes to better tax...
Nominal Tax Rate
Nominal Tax Rate The modern economy is governed by a complex set of tax laws and regulations, in which the concept of the nominal tax rate plays a central role. Understanding this mechanism is...