Recent activities and results
Tax allowance for holding period on capital gains realized by individuals upon the sale of shares and previously placed on tax deferral
After the ECJ ruling C-662/18 and 672/18 on 18th September 2019 and the decision on the 3rd April 2020 of the Conseil Constitutionnel n°2019-832/833 QPC, the debate before the tax judge is moving towards the interpretation of the law (article 150-0 D of the French general tax code) in the light of the European Merger directives on the common system of taxation of mergers and similar transactions and an extended discussion on the impact of the European Convention for the Protection of Human Rights (Request for appeal to the Paris Administrative Court of Appeal, 20th November 2020, n°20PA03503).
Capital gain on the sale of shares of a French company predominantly invested in real estate by a foreign investor
The repayment by the purchaser of the debt obligation of current account held by the transferor on the transferred company does not form part of the capital gain on the sale of shares (CAA Versailles 3rd March 2020, n° 19VE00113, Company Croë Switzerland)
The French concept of aggravated tax evasion, Revue européenne et internationale de droit fiscal (REIDF), n°2020/2, p. 189
US foreign tax credit for French CSG and CRDS
Pursuant to an official interpretation by the Department of State in a long-standing case before the US Tax court, the IRS no longer asserts that US income taxpayers living in France are precluded from claiming the foreign tax credits in relation to the French CSG and CRDS, thus withdrawing a position originally posted in 2008 on the website of the US embassy in France and followed by broad audit campaign. This solution is in line with the expert report on French law filed in the interest of the taxpayers. US Tax court n°8055-12 ESHEL / Commisioner of Internal revenue (USA)
Pas de retenue à la source sur les dividendes distribués à un fonds de pension étranger, Revue de droit fiscal, n°13, 26th March 2020
Partnerships 2021. France. Lexology - Getting The Deal Through - Law Business Research Ltd, 3rd edition 2021
SCOR SE (2019)
Placement of a perpetual fixed rate resettable restricted Tier 1 notes issuance in the amount of USD 124,8 million by SCOR SE to be assimilated and form a single series with the existing perpetual deeply subordinated notes in the amount of USD 625 million issued in March 2018.
« le spécialiste référent du droit fiscal en France »
“an eminent practitioner” known for his “creativity, adaptability and tireless work ethic”.
« Philippe Derouin impressionne avec son approche pragmatique, couplée à un savoir pointu et une grande assurance »
« universellement reconnu comme un polymathe », « sans équivoque le meilleur des meilleurs car il pousse les limites de la créativité fiscale »
« l’un des meilleurs fiscalistes de France et même d’Europe »
Seul Français parmi les 25 fiscalistes mentionnés dans le guide mondial “Best of the Best”
“He is extraordinary. His advice is so bespoke and of such high quality, it can be compared to haute couture,” said clients
« un personnage formidable du marché français » et un « brillant avocat de contentieux »
« Lawyer of the year – Paris tax » dans cette spécialité pour 2014-2015
« Prodigieusement expérimenté, (…) avec presque 40 ans d’expérience, Philippe Derouin est reconnu par ses pairs pour son beau palmarès dans le domaine du contentieux »
« le meilleur fiscaliste de sa génération », « la Rolls Royce des fiscalistes »
“an irresistible force with an enviable track record in significant tax disputes”.
Le « remarquable » Philippe Derouin, doté d’une « expertise fiscale exceptionnelle », se distingue par « son incomparable expérience, sa technicité, sa très grande sureté de jugement et un incroyable savoir-faire de la chose fiscale »
Philippe Derouin is recognised for his wealth of expertise handling tax litigation. One source describes him as “very well respected.”
« La boutique Philippe Derouin est recommandée pour la gestion ‘de dossiers complexes’ et ses ‘solutions à la fois techniques et pragmatiques’ »