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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.
Acquisition cost of shares
Amending tax law for 2008 validate the position of the tax authorities authorizing the deduction of the interest charge and expenses related to debt contracted for the acquisition of shares in a business.
This tax deduction require an option for the regime called « frais réel » applicable to salaries and is subject to the conditions listed below:
- To be employee or manager of a company;
- To perform his/her main professional activity in this company;
- To receive a compensation taxable as a salary.
The loan must be for the acquisition or the subscription of shares in a company having an industrial, commercial, craft, agricultural or professions activity.
The amount of costs and interest must be correlated with the yearly compensation received or anticipated.
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