French General Tax Code
In forceI. - Legal entities established in France:
1° Whose annual turnover excluding tax or gross assets shown on the balance sheet is greater than or equal to 50 million euros;
2° Or holding at the close of the financial year, directly or indirectly, more than half of the capital or voting rights of a legal entity (legal person, body, trust or comparable institution established or set up in France or outside France) meeting one of the conditions mentioned in 1°;
3° Or of which more than half of the capital or voting rights are held at the end of the financial year, directly or indirectly, by a legal entity satisfying one of the conditions mentioned in 1°;
4° Or belonging to a group covered by the tax regime provided for in Article 223 A or article 223 A bis where this group includes at least one legal entity satisfying one of the conditions mentioned in 1° to 3° of this I,
submit a declaration, by electronic means, within six months of the deadline stipulated in 1 of Article 223.
I bis. - The declaration shall include the following information:
1° General information on the group of associated companies:
a) A general description of the business carried on, including any changes during the financial year;
b) A list of the main intangible assets held, in particular patents, trademarks, trade names and know-how, in relation to the reporting enterprise and the State or territory in which the enterprise owning these assets is located;
c) A general description of the group's transfer pricing policy and any changes during the financial year;
2° Specific information concerning the enterprise:
a) A description of the activity deployed, including changes during the financial year;
b) A summary statement of transactions with other associated undertakings, where the aggregate amount by nature of transaction exceeds €100,000. This statement indicates the nature and amount of the transactions, as well as the States and territories in which the associated undertakings are located;
c) A presentation of the method or methods used to determine transfer prices in accordance with the arm's length principle, indicating the main method used and any changes made during the financial year.
II. - The declaration is submitted, on behalf of legal entities belonging to a group referred to in Article 223 A or Article 223 A bis, by their parent company.
