The second Supplementary Finance Act for 2012, published on 16 August, introduced an additional contribution, based on the amount of income distributed by companies subject to corporation tax (IS) in France. This contribution, designed to offset the budget losses resulting from the abolition of the withholding tax on dividends paid to foreign UCITS, is modelled to some extent on the surcharge on corporation tax in the event of distributions applied between 1989 and 1992. However…
Bertrand Lacombe
Lawyer at the Court, Lacombe Avocats