On 26 December 2024, the French tax administration (BOSS) announced that the preferential measures to encourage the use of electric vehicles would be prolonged in 2025. These measures concern the calculation of the benefit in kind for the private use…
The French law of 29 November 2023 introduces a new obligation for companies employing between 11 and 50 staff to set up a value-sharing scheme, subject to these companies generating a certain profit level. This measure is introduced on an…
Non-financial reporting, a significant challenge for our customers and the COFIME Group Many texts promote the protection of the planet and address climate change, and some of them are relatively old. Indeed, the notion of sustainable development, with its three…
As of 1 January 2025, the French chart of accounts will change and significantly alter the way exceptional transactions are recorded. In addition to the practical organisation that this may represent for accounting and financial departments, it is important to…
While the focus of international tax news in 2024 is on the application of the new Pillar 2 rules (aimed at limiting tax competition between different countries by applying a minimum tax rate of 15% on the profits of multinationals…
Awareness of the challenges of climate change has led to the gradual introduction of complex regulations. These include achieving climate neutrality by 2050, reducing greenhouse gases (GHGs) by 55% by 2030 (FIT for 55) and limiting global warming to less…
The VAT regime applicable in France to dropshipping, a widespread practice in online commerce, has recently undergone changes. The French Finance Act for 2024 formally identified dropshipping as a source of tax evasion, and as such introduced measures to remedy…
The French legislator has significantly tightened the transfer pricing documentation regime. From now on, more companies will be required to draw up and regularly keep up to date documentation on the transfer prices applied within the group to which they…
Emmanuel Macron’s hobby horse since his first Presidential campaign in 2017, the issue of pension reform had to be set aside in 2020 due to the Covid-19 pandemic, before being taken up again in 2022, with a bill being brought to the…
As the 2024 Finance Bill is still being discussed, we would like to briefly present certain measures that caught our attention. On 14 December 2021, OECD members adopted model rules aimed at preventing erosion of the tax base, referred to as “Global…
