Altexis is an independent law firm specialized in tax advice to French and foreign companies in diverse industries and services sectors. Altexis also advises selected individuals with respect of estate management, cross border personal income tax issues, French wealth tax and French driven individual’s tax audits.
TAX HAVENS
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.
French tax residents who owns directly or indirectly at least 10% of the capital and or voting rights of a company located in a tax heaven are taxable on their profit share of the structure even though no distribution has been made.
30/03/2012 - Europe – Customs - Extension of the common transit procedure and the simplification of formalities in trade of goods to Croatia and Turkey
Following a decision of the Council of the EU, Croatia and Turkey are invited to accede to the Convention of 20 May 1987 on common transit procedure and the Convention of 20 May 1987 on the simplifica (...)
06/02/2012 - TRUST - DISCLOSURE OBLIGATIONS OF THE TRUSTEE
A very recent ruling issued by the French tax authorities on December, 23d, 2011(N° 2011/37), specified the details of the disclosure obligations by a trustee. These disclosure obligations are require (...)
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French tax residents who owns directly or indirectly at least 10% of the capital and or voting rights of a company located in a tax heaven are taxable on their profit share of the structure even though no distribution has been made. 