Behandlung der Steuerverluste in Frankreich treatment of tax losses.. France
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In continuation of our series on important tax issues, we now give for the treatment of tax losses carried forward some information and rules of conduct. No doubt they are an interesting "war chest" for the company concerned, its use is not absolutely secure. Good management and careful monitoring over time are therefore advised.
The loss carryback ("carry back")
tax losses are acceptable back in France and can be offset against the profits of the last three financial years ("carry back"). This creates a call to the Treasury, the first cover future tax payments, under certain conditions, but after five years, is paid. Under the current government economic program, even an immediate refund.
The loss brought forward
In general, tax losses carried forward in order to offset against future profits of the subsequent fiscal years. In principle, there is a carried forward indefinitely. A limitation occurs in only one case out of business or profound changes in society activity. Under company law-related restructuring such changes have the parent company or mergers, transfers, etc., so long as no task of the existing social activity involves no removal of the losses resulted. The transition of the losses to another company and thus their survival Although subject to approval by the tax authority, which, however, usually, as far as the continuation of the activities in which the losses were incurred, it is proved granted.
questioning of the tax losses by the tax authorities
In return for the ability of companies to present their losses indefinitely können, ist die Finanzverwaltung befugt, und zwar ebenfalls ohne zeitliche Begrenzung, die Begründetheit der Verluste nachzuprüfen.
Dabei steht die normale steuerliche Verjährungsfrist von drei Jahren – d.h. in 2009 können nur noch die nach dem 31. Dezember 2005 abgeschlossenen Geschäftjahre überprüft werden – dem Prüfungsrecht der Verwaltung nicht entgegen. So kann der Steuerprüfer zeitlich unbegrenzt auf das Geschäftsjahr zurückgehen, in dem der noch nicht verrechnete Verlust entstanden ist, und ihn in Frage stellen, d.h. die vor 2006 gelegenen Geschäftsjahre können weiterhin überprüft werden, soweit der vorgetragene Verlust in dieser Periode begründet wurde.
So it should be noted: the Treasury is in regard to the losses a time-vested Release right of review.
Furthermore it should be noted that this was not under French law and existing general prohibition on re-examination of a previously verified fiscal year for losses exists. Thus, the losses can regardless of whether the financial period in which they entered, already tested, was to be checked again by the tax authorities.
The value of the loss carryforward is therefore only justified if he was actually charged and beyond der Finanzverwaltung nicht wieder in Frage gestellt werden kann, d.h. nach einer weiteren Frist von drei Jahren. Dies ist insbesondere beim Aufkauf eines defizitären Unternehmens und bei der Bewertung des Verlustvortrages für die Berechnung des Kaufpreises zu berücksichtigen.
Strukturelle/permanente Verlust situationen und Verrechnungspreise
Französische Steuerprüfungen werden nur selten rein zufällig, sondern in den meisten Fällen durch bestimmte Faktoren/ Ereignisse, die beim steuerpflichtigen Unternehmen vorliegen, ausgelöst. Hierzu gehören u.a. die Verbuchung von hohen und außergewöhnlichen Belastungen, aber auch insbesondere der Fortbestand einer chronischen Verlustsituation.
The right corporate policy should be to offset tax losses on a regular basis in order to limit their exposure to the tax administration. The holding of loss carryforwards than three years should therefore be avoided. In practice, the permanent holding of tax loss carryforwards is proving to be a bad management. In particular, the financial management often sees in this a practice of shifting income, which is contrary to the principle of free competition.
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