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This chapter is not exhaustive and is limited to broadly outline the tax consequences of the main events occurring when doing business in France. It does not constitute a tax advice or a client - attorney relationship. Materials are not suitable for tax analysis. Visitors are invited to consult a tax lawyer before taking any decision.
According to the "Madelin law", self employed professionals may join an additional pension scheme on top of the mandatory legal one.
The contribution to this plan is tax deductible up to a yearly limit (42 900 euros for year 2002). This tax free deduction is only applicable to self employed professionals taxable as "professional profits".
Payments plus interest accumulate over the time until the beneficiary is entitled to a monthly retirement pension subject to income tax and social contributions.
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