Tax and legal

In a written report published on 25 May 2023, the tax authorities provided details on the terms of taxation of gains resulting from the contribution of shares subscribed for through the exercise of founder warrants (bons de souscription de parts de créateur d'entreprise - BSPCEs).

In a written report published on 25 May 2023, the tax authorities provided details on the terms of taxation of gains resulting from the contribution of shares subscribed for through the exercise of founder warrants (bons de souscription de parts de créateur d'entreprise - BSPCEs).

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...