France: Fines on declaration obligations of trusts and foundations
Failure to comply with the aforementioned reporting obligations may result in a fine of €20,000 per failure to report over a period of four years.
Access to the UK financial market by Swiss service providers under the Berne Financial Services Agreement: what does the future hold?
Managing cross-border risks is a major challenge and a cost for financial service providers; it is also a major concern for FINMA.
What measures can be taken to deal with tax uncertainty in France?
With no majority in the National Assembly, a budget deficit and abysmal national debt, preparing and voting on the Finance Bill for 2025 is going to prove particularly perilous.
Conventions fiscales internationales – Modernisation de la Convention fiscale franco-suisse sur les revenus et sur la fortune
L’avenant à la Convention franco-suisse signé le 27 juin 2023, actuellement en cours de ratification par la France, intègre un nouveau régime de répartition du droit d’imposer les revenus d’un salarié en situation de télétravail.
Dispositif Dutreil et trésorerie excédentaire : la jurisprudence semble s’affiner pour l’appréciation de l’activité principale
La Cour de cassation, dans un arrêt du 13 mars 2024, rappelle que la prépondérance de l’activité s’apprécie en considération d’un faisceau d’indices déterminés d’après la nature de l’activité et les conditions de son exercice, en matière d’exonération « Dutreil-ISF ».
France further reinforces its anti-abuse tax arsenal
The French Finance Act for 2024 has introduced a number of new measures, particularly in the area of international taxation. It has further reinforced an already particularly repressive anti-abuse provision.
Practical guide to debt enforcement and bankruptcy law, release and suspensive effect
In terms of debt enforcement and bankruptcy law, the practices of certain cantonal jurisdictions (in particular those of Vaud and Zurich) have a direct impact on the complex and sensitive process of debt recovery.
Non-French tax residents will be impacted by the reform of the French real estate wealth tax from 1 January 2024
In line with its reputation in tax matters, France has once again amended the rules applicable to the real estate wealth tax (hereinafter referred to as the “IFI”).
New developments in data protection
Today, data collection is a key development tool for businesses but it is also a source of great concern for individuals.
The « Dutreil » pact in an international context: a precautionary measure to effectively reduce the French tax cost of a company transfer
The fact that a company or its shareholders are located outside France sometimes makes people forget that French tax law imposes duties on gratuitous transfers in many cases, even though the deceased (or donor) is domiciled abroad. The surprise will be bitter for the heirs of an unprepared succession.
Founding member of the
