Don't forget to submit your IFU before February 15th

02 February 2016

Laurence Clot, Ozlem Orakci, Antoine Chalal

We remind you that annual summary returns ("Imprimé Fiscal Unique « IFU »"), should be completed and sent to the French Tax Authorities no later than 15th of February 2016. This requirement concerns all companies which have paid income to any person during the civil year 2015.

Companies should file this specific tax return for each beneficiary (individual or legal person) and for their revenues received (interests, dividends, director fees, advances, any instalment and loans…

Any failure to declare, any delay, omissions or inaccurate information will trigger application of  financial penalties which could be significant, i.e., a fine up to 50 % of non-reported amount or, in case of filing after the deadline, a 150 € fine per late return.

We are at your disposal for any assistance in the preparation of this legal requirement.