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…
Following on from the agreement reached in October 2021 by the 137 member countries of the OECD Inclusive Framework, the model GloBE rules (Global Anti-Base Erosion Rules) were published on 20 December 2021. In the wake of the OECD model…
Up to now, the French Labour Code has provided that employees on sick leave: In rulings handed down on 13 September 2023, the Cour de Cassation, highest court of France, ruled that, under European case law (ECJ), these French provisions…
As of 1July 2024, electronic invoicing was set to become compulsory. This reform led by the French government, which corresponds to an international context of modernisation of corporate financial activity, has been postponed until a later date. An electronic invoice means an…
On 26 December 2023, the French Minister of Economy approved the ANC regulation 2022-06 (ANC : Autorité des Normes Comptables – national accounting standards body) on the general chart of accounts. It will be mandatory for financial years beginning on or after 1 January 2025.…
In 2023, GROUPE COFIME is celebrating 60 years of expertise in business administration, management and support. In 1963, René Jungblut and Albert Fellmann were pioneers in their profession. Before the advent of information technology, these two passionate, committed professionals understood…
