The declaration of loan agreements in France

The declaration of loan agreements in France

In France, any person (natural or legal) intervening either as a party or as an intermediary in the conclusion of a loan agreement, or the drafting of the deeds recording the same, are required to declare this to the tax administration. This obligation is recalled in Article 242 b) paragraph 3 of the General Tax Code.


Artificial intelligence at the service of the french tax administration

According to the activity report of the DGFIP (Direction Générale des Finances Publiques – Public Finances Directorate General) for the year 2019, 12 billion was collected by the French State following tax audits. This result, higher than what was initially expected, is partly due to the fact that the French tax administration has been modernising its IT tools for several years.


Cannes Office - 22 bd Alexandre III 06400 Cannes
London Office - 330 High Holborn WC1V 7QT London
Nice Office - 28 rue Gioffredo 06000 Nice
Malta Office - 91/a Archbishop Street 1446 Valletta - Malte 00.356.27.414.070
Paris Office - 163-165 Avenue Charles de Gaulle 92200 Neuilly-Sur-Seine - France
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