Tax and legal

The list of non-cooperative States and territories (NCSTs) defined in Article 238-0 A of the French General Tax Code was updated by decree of 3 February 2023, published in the Official Journal of 5 February 2023.

The list of non-cooperative States and territories (NCSTs) defined in Article 238-0 A of the French General Tax Code was updated by decree of 3 February 2023, published in the Official Journal of 5 February 2023.

List of companies affected in 2023

Change of the withholding tax rate on French-source dividends paid to non-resident legal entities

Change of the withholding tax rate on French-source dividends paid to non-resident legal entities

Investment income, i.e. essentially dividends and interest, as well as capital gains realised on the sale of transferable securities on or after 1 January 2018 are, by default, subject to income tax at a flat rate of 12.8%, plus social security contributions at 17.2%, i.e. a total rate of 30%, also referred to as the flat-rate tax (PFU – prélèvement...