Accueil

The Tax Monitoring Unit assessed and drew inferences from the evolving legislative and regulatory environment in 2009.

Key areas of focus included the introduction of a new levy to fund the adoption by the government of the RSA earned-income supplement, the publication of the tax regime applicable to the segregation of funds assets, and various exemptions relating to reductions in income tax and wealth tax. At an international level the OECD continued its work and put forward a draft report, which the monitoring unit commented on. As regards the EU, orders issued by the French Council of State and rulings by the European Court of Justice challenged various procedures, with each challenge triggering a review. T

he measures recently adopted by the authorities to combat tax fraud and evasion demanded close scrutiny so as to measure the fiscal consequences of these changes and their contractual effects.

In sum, although there were no in-depth tax reforms, 2009 saw a multitude of changes with significant practical consequences requiring close monitoring by the group.