Knowledge Base

What tax regime applies to dividends received on qualifying shareholdings under Article 212 bis of the CGI?

Standard corporate tax rate of 25%

Total exemption

Reduced corporate tax rate of 1.25%

Withholding tax of 12.8%

What is the withholding tax rate applicable to dividends paid by a French company to a non-resident beneficiary located in a cooperative state?

12.8%

Between 5% and 15%

75%

What is the major implication of valuation differences on derivative instruments under Article 38-6 of the CGI?

Exemption of unrealized gains

Taxation of unrealized gains before collection

Automatic loss carryforward

Neutralization of symmetrical positions

What is the accounting method for accrued interest on an annual coupon bond under the matching principle?

Spreading over the remaining life of the security

Taxation at the time of actual collection

Recognition and taxation at fiscal year-end

Partial exemption after two years of holding

Losses on derivative instruments can always be deducted immediately from taxable income.

True

False

Categorize items by dragging them to the appropriate zones

Items to categorize:

Fiscal EBITDA

Total financial charges

Cap of 3 million euros

Categories:

Elements used in calculating the cap

Elements that can be carried forward if excessive

Condition for the elimination of withholding tax under the EU Parent-Subsidiary Directive

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Bond redemption premiums are taxed immediately at the standard corporate tax rate.

True

False