[PDF] france corporate income tax rate 2019

The Corporate Tax System in France

Whether your business needs to pay corporate tax in France depends on its turnover and structure. Corporate tax rates have been falling in France in recent years, making starting a business in France more appealing from a tax perspective. The standard rate, which stood at 33% for companies with the highest turnovers just a few years ago, has now fa...

Who Pays Corporate Tax in France?

There are different French corporate tax regimes, depending on the type of business you run in France: 1. Commercial, industrial, or manual/trades/crafts businesses fall under the Bénéfices Industriels et Commerciaux(BIC) system. 2. Professional businesses fall under theBénéfices non Commerciaux(BNC) system. 3. Agricultural businesses use the Bénéf...

Corporate Tax Rates in France

Corporate tax rates in France have been gradually reducing. In 2021, the standard rate was 26.5%, with companies with profits of more than €500,000 paying a higher rate of 27.5%. Since 2022, however, companies have paid a standard corporate tax rate of 25% regardless of their profits. Small companies can still benefit from a reduced rate of 15% on ...

Corporate Tax Exemptions and Credits in France

Corporate tax exemptions in France

Value-Added Tax in France

The standard rate of value-added tax in France is 20%. Lower rates of 10% and 5.5% are also possible for some goods and services. The French name for VAT is Taxe sur la valeur ajoutée, or TVA for short. The threshold to register for TVA is €34,400 for serviced-based businesses and €85,800 for commercial activities, bars, restaurants, and accommodat...

Corporate Tax Year in France

The corporate tax year generally matches the calendar year, though do keep in mind that certain elements (for example, VAT) may be filed for each fiscal quarter.

How to File Your Corporate Tax Return in France

Corporate tax filing is almost completely online, either through an Electronic Data Interchange (EDI) partner or from its’ subscriber area. Generally, your accounting department will be handling your taxes but, for some general context, check out the French government’s advice page.

Other Types of Business Tax in France

CET French corporate tax rates

Corporate Tax Fines in France

If you file your corporate tax return late, you’ll be charged interest at 0.4% per month and a penalty of at least 10%. A 0.4% interest rate and penalty of at least 5% apply for late payments. These maximum penalties increase for instances of bad faith (40%) and fraud (80%).

View PDF Document


How high is France's corporate tax rate?

Taking into account central and subcentral taxes, Portugal has the highest statutory corporate income tax rate among European OECD countries, at 31.5 percent. Germany and France follow, at 29.9 percent and 28.4 percent, respectively. Hungary (9 percent), Ireland (12.5 percent), and Lithuania (15 percent) have the lowest corporate income tax rates.

What is the penalty for late payment of taxes in France?

The CET French corporate tax is payable in December of each year or can be arranged in two installments. If you file your corporate tax return late, you’ll be charged interest at 0.4% per month and a penalty of at least 10%. A 0.4% interest rate and penalty of at least 5% apply for late payments.

How often are tax payments due in France?

Companies have to file a French tax return within three months of the close of accounts or by 30 April. French corporate tax is payable quarterly on 15 March, 15 June, 15 September, and 15 December.

View PDF Document




[PDF] Country Profile France - assetskpmg

Profits exceeding EUR 500000 remain subject to a corporate income tax rate of 33 33 percent - For financial years commencing as of January 1 2019 



[PDF] Revenue Statistics: Key findings for France - OECD

The OECD's annual Revenue Statistics report found that the tax-to-GDP ratio in France increased by 0 5 percentage points from 44 9 in 2019 to 45 4 in 2020 



[PDF] FRANCE Taxand

These companies are subject to corporate income tax (“CIT”) The top French rate for personal income tax amounts to 45 France does not assess local 



[PDF] France Taxand

Progressive reduction of the Corporate income tax (CIT) rate The French CIT rate should decrease progressively from 33 33 to 25 by 2022 (Finance Law for 



[PDF] Corporate Tax Rates around the World 2020

8 déc 2020 · (d) Colombia's 2018/2019 tax reform introduced measures to reduce the In France the standard statutory corporate income tax rate was 



[PDF] Overview of the french tax system - Impotsgouvfr

31 déc 2016 · VIII – SOCIAL CONTRIBUTION ON CORPORATE INCOME TAX For tax years beginning on or after 1 January 2019 this reduced rate of 15 will be 



[PDF] danone-tax-policy-2019pdf

The Effective Tax Rate2 (“ETR”) of Danone is below the corporate income tax rate in France where the Danone Company is headquartered



[PDF] France alert: Finance bill for 2018 published - Deloitte

28 sept 2017 · The corporate income tax rate would be gradually reduced to 25 by 2022 The rate reduction would be spread over the period from



[PDF] ICEbreakers: Unlocking France - Deloitte

Progressive reduction of corporate income tax rate from 33 1/3 to 28 2019: The 28 rate will be extended to apply to all profits of



Country Profile France - KPMG

The applicable rate in 2019 will remain 30 percent As from 2020 the domestic WHT rates on dividends will develop as follows: 2020: 28 percent; 2021: 26 5 percent; 2022: 25 percent On interest paid to non-resident companies 0 percent 75 percent for interest paid to non-cooperative jurisdictions (unless justification is provided)