Tax Equality

Tax law, Tax law

Estimated reading time (in minutes) Schumacker Judgment: Non-Discrimination and Taxation The Schumacher judgment on February 14, 1995, established the principle of non-discrimination in taxation, stating that non-residents cannot be subjected to heavier taxation than...

VAT Exemption Compensation

Tax law

Estimated reading time (in minutes) VAT Exemption Regime: Loss of Deduction and Reporting Under the VAT exemption regime, a craftsman, following the advice of his accountant, no longer needs to file VAT declarations. However, this also means that the craftsman loses...

Taxation of GFA Shares

Commercial and company law, Tax law

Estimated reading time (in minutes) The taxation of GFA (Groupements Fonciers Agricoles) shares under the Impôt sur la Fortune Immobilière (IFI) is typically based on their market value as of January 1st of the tax year. However, exemptions exist when the shares...

Taxation Dynamics

Non classifié(e), Tax law

Estimated reading time (in minutes) Expenses of Major Repairs as Personal Debt of the Bare Owner In the realm of property ownership, it is crucial to understand the division of responsibilities and debts between the bare owner and the usufructuary. One key aspect to...

Clarifications on the 2012 budget law system

Tax law, Tax law

Estimated reading time (in minutes) Details on the concept of French and foreign companies: For the collection of transfer duties for consideration on the transfer of social rights, French companies are those whose registered office is located in France (see basic...