The European legislation on digital services, which aims to create a safe and responsible online environment, came into force on 16 November 2022. It applies to all digital services that connect consumers to goods, services or content. It creates new obligations for online platforms to reduce damages and tackle online risks, introduces strong protections for […]
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Rising interest rates are squeezing buyers’ budgets as they try to bring prices down. The party is over. The post-Covid boom, which saw house prices soar from record to record, is behind us. The rise in the cost of property loans from an average of 1% over twenty years in January to 2.2% today) and the […]
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Since 1 January 2023, if the amount of the property gain taxable for income tax (« impôt sur le revenu ») purposes exceeds 50,000 EUR, the seller must pay a surcharge ranging from 2% to 6% depending on the amount of the property gain. Below is a fee schedule contained under the French Tax Code (« Code Général […]
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Review of the finding of enforceability of a foreign decision The Regulation determines jurisdiction, recognition and enforcement of judgments in civil and commercial matters within the Member States of the European Union (EU). The regulations determine the jurisdiction of the courts in civil and commercial matters. It stipulates that decisions rendered in a Member State […]
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The real estate capital gain realized on the occasion of a real estate sale is taxable on income (IR) and social security contributions. However, many exemptions exist. How is a real estate capital gain calculated? The capital gain is taxable when it comes from a transfer for consideration: sale of real estate or the rights […]
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To open a bank account in the United Kingdom, certain documents must be provided to the bank concerned, while others may be requested. Documents to be provided: A valid identity document: identity card, passport, driving license… ; Proof of address: EDF bill, telephone bill, rental contract, etc.; and Proof of income: pay slips, bank statements, […]
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