Tax Consolidation and Reduced Corporate Income Tax Rate
Corporate income tax (“CIT”) is, by default, applicable to capital companies, such as limited liability companies (SARL), public limited companies (SA) and simplified joint-stock companies (SAS). The standard CIT rate applicable to a company’s taxable profit is 25%. However, a reduced rate of 15% may apply, but only to the portion of taxable profit ranging […]
Micro-Entrepreneurs and the Flat-Rate Income Tax Payment
For several years now, the term “auto-entrepreneur” has no longer had any legal existence and has been replaced by the status of “micro-entrepreneur.” Being a micro-entrepreneur allows you, when declaring your activity with URSSAF, to opt for the flat-rate income tax payment (versement libératoire de l’impôt sur le revenu). In practice, the flat-rate payment is […]