How is corporate tax (IS) calculated in France?

## The rate

The ceiling is pro-rated for an exercice that is not 12 months. The 3.3% contribution sociale applies only above EUR 763,000 of IS.

## Payment

Four acomptes on 15 March, 15 June, 15 September and 15 December, when last year's IS exceeded EUR 3,000, none in the first exercice. The solde is due with form 2572 by the 15th of the fourth month after year-end.

## Example

EUR 60,000 of profit: EUR 6,375 plus EUR 4,375 gives EUR 10,750.

## The return

The return is the 2065 with its liasse: the 2033 tables up to EUR 945,000 of goods turnover or EUR 286,000 of services turnover, and tables 2050 to 2059 above. Filing is electronic and compulsory. A company at the réel simplifié can file itself, and one at the réel normal goes through EDI.

## How Finn helps

Finn works out the IS from your ledger, sets the four acompte dates and the solde, and tells you plainly when the 15% rate cannot be confirmed from what she knows about the shareholders.