CORPORATION TAX (on profit)
|28% for SMEs up to 500 000 € of profit|
If turnover / CA < 7.63 Millions €
If shareholders are individuals at 75% minimum
|15% up to 38 120 € of profit
28% from 38 120 € to 500 000 € of profit
33.3% if profit > 500 000 €
The 28% rate will be extended to all profits of all businesses by 2020 and 26.5% in 2021..
INCOME TAX 2017 (on income 2016)
The method of calculation includes the number of individuals in the family (Quotien Familial) and may diminish rates greatly. Many specific expenses can also be deducted : renovation, homecare, nannies...
TI = Taxable Income 2017
|TI < 9 807 €||0%|
|9 807 < TI < 27 086 €||14%|
|27 086 < TI < 72 617 €||30%|
|72 617 < TI < 153 783 €||41%|
|TI > 153 783 €||45%|
From the 1st January 2019, the French income taw for residents will be deducted through a PAYE scheme.
TAXES BASED ON WAGES
Apprenticeship tax 2018 :
BS *0.68% (or 0,44 % in Alsace-Moselle, Haut-Rhin & Bas-Rhin)
CSA - added contribution due from more than 250 employees: variable between 0.05% and 0.6%.
Deadline for the payment: 28 February of each year.
Taxe Formation Professionnelle Continue (FPC) 2018:
BS*0.55% up to 10 employees
BS*1% from 10 employees for standard companies and 1.3% for temporary employment agencies.
Thanks to FPC tax, you can obtain a refund on your training costs - OPCA
*Basé sur la masse salariale annuelle brute (BS)
La Réforme de la formation Professionnelle, ce qui va changer:
- Un crédit de 500 ou 800 euros par an pour chaque salarié
- Un accès facilité à la formation
- La mise en place d'un plan de formation facilitée dans les TPE et les PME
- Une seule cotisation, un seul organisme
TAX ON COMPANY CAR
TVS / TAX
in grams per kilometer. Attention different rates if company car possessed before 2006
|New tax from 2016 Based on the year of release|
- 51 à 100 g/km : 2 €
- 101 à 120 g/km : 4 €
- 121 à 140 g/km : 5,5 €**
- 141 à 160 g/km : 11,5 €
- 161 à 200 g/km : 18 €
- 201 à 250 g/km : 21,5 €
- 251 g/km et plus : 27 €
**Example if the carbon emisson rate is 120 => TVS = 120*5.5 = 660 euros due
VALUE ADDED TAX
Returns to be filed quaterly or monthly
Please check VAT scheme applicable: debit or cash basis.
VAT registration number : FR XX + Company number (9 figures)
SHAREHOLDERS CURRENT ACCOUNT
|Interest rates deductible (gross / year)|
|1.63% (for exercise closed on 30st March 2018)|
INCOME TAX NON RESIDENTS
To be deducted directly on payslip
Rate based on 2017 incomes.
|TI < 1217 € / month||0%|
|1217 € < TI < 3531€ / month||12%|
|TI > 3531 € / month||20%|
Only applicable for taxable income earned in France. Please refer to bilateral tax agreements for more details.
CFE - COMPANY REAL ESTATE CONTRIBUTION
The CFE is based on the rental value of the property owned,
rented or even domiciliation. The return has to be filed by the 3rd
of May of the current year and payment is due by the 15th of
December once Tax notice received including amount due.
Amount may vary from one Town to another.
=> For a turnover up to 10 000€, the minimum base (CFE due in 2018 for 2017) is between 216€ and 514€.
CVAE - COMPANY VALUE ADDED CONTRIBUTION
CVAE is due only by companies having a turnover > 500 000€ (exl.Taxes). However, all enterprises with a turnover of more than 152 500€ must report the value added and the number of employees to determine the tax base, even if they are not liable for the CVAE. The CVAE is calculated according to the added value produced: (value added x effective tax rate) + [(value added x effective tax rate) x 1%].The return has to be filed by the 3rd of May of the current year and payment is divided into two instalments 15th of June and 15th of September.