Transfer prices, as defined by the OECD, are “the prices at which a business transfers tangible goods, intangible assets, or provides services to associated businesses“, i.e. the prices of transactions between companies belonging to the same group and established in different states 1. Companies are required to set up a summary report on their transfer pricing, if: their annual revenue (excluding VAT) or balance sheet (gross assets) exceeds M€50; at the end of the financial year, they directly […]

The rules applicable in France to the deduction of interest charges and thin capitalization were modified by the 2019 Finance Act 1. General principle: deductibility of interest charges Except in the case of thin capitalization, interest charges are deductible up to the higher of €M3 or 30% of the company’s tax EBITDA An additional deduction of 75% is possible if: the company is part of a consolidated group and the equity / assets ratio is higher or equal to that of […]