The solidarity tax on wealth (“ISF”) has to be paid by individuals whose estate, globally appreciated at the level of the different individuals subjected to a common declaration, exceeds the taxation threshold. The individuals that reside outside of ...
For construction or major works, the concerned professionals must have an insurance that covers their decennial liability. All construction professionals, whose decennial liability could be sought according to articles 1792 and following of the Frenc...
A posted worker (« salarié détaché ») is an employee established and carrying out his activities outside of France. He usually works for an employer outside of France and executes his work at the demand of this employer for a limited duration of time...
1. Scope of Wealth tax or solidarity tax on wealth (“ISF”) : The solidarity tax on wealth (“ISF”) has to be paid by individuals whose estate, globally appreciated at the level of the different individuals subjected to a common declaration, exceeds th...
Donations & Legacies Principles According to Article 893 of the French Civil Code, a liberality is the action by which a person gives , free of charge, all or part of his or her assets or his or her rights to the benefit of another person. Libera...
In this article you shall find brief explications on how to use a French Real Estate Company (SCI) in order to transfer your property to the younger generations. In the first place, it shall be noted that the SCI can be an excellent “tool to give”. H...
Donations & Legacies According to Article 893 of the French Civil Code, a liberality is the action by which a person gives, free of charge, all or part of his or her assets or his or her rights to the benefit of another person. Liberalities are p...
Legal opinion about the Financial Law n°2011-1978 of December 28, 2011 for 2012 I – V.A.T (“T.V.A”): The Reduced-rate (« taux réduit ») of 5,5% is raised to 7% except for the products and services of first necessity (alimentary products, equipments f...
fichier à telecharger: The French Tax System
SELF ENTREPRENEUR LAW OF AUGUST 4TH 2008. In order to become a self entrepreneur you must register your activity to the “Centre de formalités des enterprises” or to the Chamber of Commerce (“Chambre de commerce”) if you have a commercial activity. Th...
The trust deed (« la fiducie ») is defined by the article 2011 to 2031 of the French Civil code (Law n° 2007-211 of February 19th 2007). The trust deed is the mean for one or many principals (“constituants”) to transfer properties (“biens”), titles (...
Definition : (article 35 of the French revenue Code). A property dealer (“marchand de biens”) is a person who buys in its own name, in order to sale buildings, businesses/commercial establishments (“fonds de commerce”), shares of a real estate comp a...
