COVID-19 Crisis: French Tax and Social Contributions Measures for Businesses - Updated

The French government has announced emergency measures regarding taxes and social contributions in order to protect businesses from the impact of the crisis.

Key Points:

..Businesses may request delays for the payment of taxes and social contributions.

..Refunds may be granted on a case-by-case basis.

..Tax credits repayments are accelerated.

..Large companies distributing dividends and/or established in non-cooperative States or jurisdictions are generally excluded from the governmental support.

..Certain procedural and filing deadlines are adjusted to take into account the crisis.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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