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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.
 Corporate tax rate and additional contributions
Alternative minimum tax
Long term capital gain rate
Registration duties due on sale of goodwill and clientele
Registration duties on sale of real estate
Registration duties on corporations
Social taxes "CSG/CRDS"
Company car tax (TVS)
 Corporate tax rate and additional contributions
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FY open in
|
Corporate
tax
(Standart rate)
|
Additional
contribution
|
Additional social
contribution (1)
|
Exceptionnal contribution (2)
|
Corporate tax
(Global rate)
|
|
1993
|
33,33%
|
|
|
-
|
33,33%
|
|
1994
|
33,33%
|
|
|
-
|
33,33%
|
|
1995
|
33,33%
|
10%
|
|
-
|
36,67%
|
|
1996
|
33,33%
|
10%
|
|
-
|
36,67%
|
|
1997
|
33,33%
|
10% (+ surtaxe
15% if CA > 50MF)
|
|
-
|
41,67%
|
|
1998
|
33,33%
|
10% (+ surtaxe
15% if CA > 50MF)
|
|
-
|
41,67%
|
|
1999
|
33,33%
|
10% (+ surtaxe
10% if CA > 50MF)
|
|
-
|
40,00%
|
|
2000
|
33,33%
|
10%
|
3,3%
|
-
|
37,77%
|
|
2001
|
33,33%
|
6%
|
3,3%
|
-
|
36,43%
|
|
2002
|
33,33%
|
3%
|
3,3%
|
-
|
35,43%
|
|
2003
|
33,33%
|
3%
|
3,3%
|
-
|
35,43%
|
|
2004
|
33,33%
|
3%
|
3,3%
|
-
|
35,43%
|
|
2005
|
33,33%
|
1,5%
|
3,3%
|
-
|
34,93%
|
|
2006
|
33,33%
|
-
|
3,3%
|
-
|
34,43%
|
|
2007
|
33,33%
|
-
|
3,3%
|
-
|
34,43%
|
|
2008
|
33,33%
|
-
|
3,3%
|
-
|
34,43%
|
|
2009
|
33,33%
|
-
|
3,3%
|
-
|
34,43%
|
|
2010
|
33,33%
|
-
|
3,3%
|
-
|
34,43%
|
|
2011
|
33,33%
|
-
|
3,3%
|
-
|
34,43%
|
|
2012
|
33,33%
|
-
|
3,3%
|
5%
|
34,43%
|
(Up to date on January 1st, 2012)
(1) After a rebate of 763 000 euros, 5 000 000 francs until 2001
(2) For enterprises with a turnover exceeding € 250 M - Applicable for fiscal year 2012 and 2013
|
FY open as of
|
Reduced rate for
small business (1)
|
Additional
contribution
|
Corporate tax
(Global rate)
|
|
1/1/2002
|
15%
|
3%
|
15,45%
|
(Up to date on January, 1st, 2012)
(1) For enterprises whose turnover do not exceed 7 630 000 € the 15% rate only apply to a fraction of the taxable profit up to 38 120 €. (including long term capital gain).
Alternative minimum tax
|
Turnover VAT included
|
Alternative minimum
tax amount
|
|
Lower than 15 000 000 €
|
0 €
|
|
From 15 000 000 € to 75 000 000 €
|
20 500 €
|
|
From 75 000 000 € to 500 000 000 €
|
32 750 €
|
|
From 500 000 000 € onwards
|
110 000 €
|
(Up to date on January 1st, 2012)
Tax deductibility of the AMT
Long term capital gain rate
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Income tax
|
|
|
Rate
|
19%
|
|
Social surcharge
|
3,4%
|
|
Social tax "CSG"
|
8,2%
|
|
Social tax "CRDS"
|
0,50%
|
|
Additional contributions
|
1,4%
|
|
Global income tax rate
|
32,5%
|
(Up to date on January, 1st, 2012)
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Corporate income tax
|
|
|
|
Type of capital gain
|
Fiscal year
|
|
|
|
2010
|
From 2011 onwards
|
|
Shares of subsidiaries according to French GAAP or French tax rules held for at least 2 years
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0%
(5% of the capital gain taxable at 33,33%)
|
0%
(10% of the capital gain taxable at 33,33%)
|
|
Shares of subsidiaries according to French GAAP or French tax rules held for less than 2 years
|
33,33%
|
33,33%
|
|
Shares of real estate subsidiaries according to French GAAP or French tax rules - listed shares
|
19%
|
19%
|
|
Shares of real estate subsidiaries according to French GAAP or French tax rules - unlisted shares
|
33,33%
|
33,33%
|
|
Net income of the license of patents, patentable invention and industrial production processes.
|
15%
|
15%
|
(Up to date on January, 1st, 2012)
Registration duties due on sale of goodwill and clientele
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Portion of
the price
|
Registration
duties
|
Departemental
tax
|
Communal
tax
|
Global tax rate
|
|
Not exceeding
€ 23 000
|
0%
(Fixed duty € 25)
|
0%
|
0%
|
0%
|
|
In the range of
€ 23 000 and
€ 107 000
|
2%
|
0,60%
|
0,40%
|
3%
|
|
In the range of
€ 107 000 and
€ 200 000
|
0,60%
|
1,40%
|
1%
|
3%
|
|
Exceeding
€ 200 000
|
2,60%
|
1,40%
|
1%
|
5%
|
(Up to date on January 1st, 2012)
Registration duties on sale of real estate
|
Urban estate
|
Departemental Tax
|
Communal tax
|
Administrative expenses
|
Global tax rate
|
|
Standart
regime
|
3,80%
|
1,20%
|
0,09%
|
5,09%
|
(Up to date on January 1st, 2012)
Registration duties on corporations
|
Transaction
|
|
Rate
|
|
MERGER
|
| |
Share for share exchange
|
€ 375 (or € 500 when legal capital exceed € 225 000)
|
| |
Merger with cash consideration
|
| |
- Take over the absorbed liabilities
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Exemption
|
| |
- Real estate
|
5%
|
| |
- Other assets
|
Registration duties
|
|
DISSOLUTION
|
€ 375 (or € 500 when legal capital exceed € 225 000)
|
|
SHARES DISPOSAL
|
|
| |
Shares
|
| |
|
Listed companies (without written deed)
|
Exemption
|
| |
|
Listed companies (written deed)
Unlisted companies
|
-
3% (part less than € 200 000)
-
0,50% (part between € 200 000 and € 500 000 000)
-
0,25% (part exceeding € 500 000 000)
|
| |
|
Real estate subsidiaries
|
5%
|
| |
Shares of capital
|
| |
|
Principle
|
3% (after rebate of € 23 000)
|
| |
|
Real estate subsidiaries
|
5%
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DIVISION DUTY
|
2,5%
|
(Up to date on January 1st, 2012)
Social taxes CSG/CRDS
See Facts and figures - Social taxes
Company car tax (TVS)
Vehicules with an EU registration + 1st use as of June 1st, 2004 + not used or owned by the company before January 1st, 2006 :
|
Emission of CO 2 (g/Km)
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Applicable rate* per gramme of CO 2 (Euros)
|
|
Not higher than 50
|
0
|
|
From 51 to 100
|
2
|
|
From 101 to 120
|
4
|
|
From 121 to 140
|
5,5
|
|
From 141 to 160
|
11,5
|
|
From 161 to 200
|
18
|
|
From 201 to 250
|
21,5
|
|
Higher than 250
|
27
|
* Rate applicable from October 1st, 2011
Vehicules which do not meet the 3 cumulative tests above :
|
Fiscal power (in horsepower)
|
Applicable rate (en euros)
|
|
Not higher than 3
|
750
|
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From 4 to 6
|
1 400
|
|
From 7 to 10
|
3 000
|
|
From 11 to 15
|
3 600
|
|
Higher than 15
|
4 500
|
* Rate applicable from October 1st, 2011
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Applicable % of company car tax
|
New kilometres
|
|
0%
|
0 to 15 000 Km
|
|
25%
|
15 001 to
25 000 Km
|
|
50%
|
25 001 to
35 000 Km
|
|
75%
|
35 001 to
45 000 Km
|
|
100%
|
Over
45 001 Km
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(Up to date on January 1st, 2012)
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