France Tax News

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Ministerial Decree – list of NCSTs updated for 2013

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Finance Bill for 2014 officially announced – details

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Protocol to treaty between Belgium and France enters into force

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Anti-avoidance measure: hardening of reporting obligation for banks

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Dutch Supreme Court: AG opines on refund of excessive dividend withholding tax withheld on dividends paid to Belgian resident

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Netherlands selective tax exemption for public companies partially carrying out economic activities terminated

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Capital gains tax cuts announced – details

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Anti-avoidance measures against tax fraud and major economic and financial crimes adopted by Council of Ministers

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Finnish Supreme Administrative Court rules on imputation credit for dividends received from a group's parent company in UK

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Withholding tax under EU Savings Directive to be abolished

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Multilateral action between United Kingdom, France, Germany, Italy and Spain to counter tax evasion

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Anti-avoidance measures against tax fraud officially announced – details

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Capital gains on immovable property: 33?% withholding tax for non-EEA residents confirmed by government

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Heavy restrictions on capital movements enter into force

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Netherlands Supreme Court: Reinvestment reserve taxable in Netherlands also if a company had its place of effective management in Luxembourg at time of sale of immovable property located in Netherlands

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Protocol to treaty between France and Oman enters into force

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Administrative Court of Appeal of Paris denies use of secret comparables

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Protocol to treaty between France and Philippines enters into force

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Government Council adopts amendment to exit tax provisions on capital gains to implement National Grid Indus decision

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Treaty between Hong Kong and France – branch remittance tax in France exempted

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Extension of 5% temporary surcharge on gross corporate income tax liability

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Court of First Instance Bruges decides that non-deductible part of the foreign dividend deduction can be included in loss carry-forward

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Treaty between France and Switzerland: Restriction of the benefit of lower withholding tax rate on dividends for French outward expatriates in Switzerland

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Third Financial Amending Law for 2012 – Adopted by Parliament

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New tax regime for financial expenses related to the acquisition of equity securities clarified

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Hardening of transfer of losses in the case of restructuring

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Finance Bill 2013 – 75% tax rate for high income earners removed by Constitutional Council

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Finance Bill for 2013 – published in Official Gazette

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Revision of tax incentives for overseas investments: Finance Bill 2013 voted down by the Senate

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Third Financial Amending Law for 2012 – details

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