France Administrative Court of Appeal of Paris Clarifies Taxation of Specified Corporate President Remuneration

The French Administrative Court of Appeal of Paris Feb. 25 issued Decision No. 25PA00901, clarifying the taxation of remuneration paid to a legal person acting as company president. The taxpayer, a company that was sole shareholder of a second company, sought discharge of VAT, corporate income tax, and late filing penalties, arguing that remuneration it received as president of the second company was VAT-exempt, and that it qualified for a French Polynesian flat-rate regime applicable to certain civil companies. The tax authorities denied relief. Upon review, the Administrative Court of Appeal of Paris found that: 1) a legal person acting ...