CASE COMMENT: REGULATORY - FINES - TAXATION

Fines/Taxation: The French Council of State holds that fines imposed by the Regulator can be withdrawn from the profits for tax purposes (Perasso)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. CE Sect, 29 December 2004, Minister of Economy, Finance and Industry v. S.A. Joseph Perasso et fils, No. 269992 In an opinion of its Litigation Division of 29 December 2004, Ministre d'État, Minister of the Economy, Finance and Industry v. S.A. Joseph Perasso et ses fils, delivered in accordance with the conclusions of Government Commissioner Laurent Olléon, the Conseil d'État confirmed the application of a constant fiscal principle, known as the "amoralism" of tax law, but also, on two points, set out two consequential guidelines for the scope of regulation. Since an act known as the "law of 23 February 1942", the fines imposed to punish breaches of price

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • French State Council (Paris)

Quotation

Thierry Tuot, Fines/Taxation: The French Council of State holds that fines imposed by the Regulator can be withdrawn from the profits for tax purposes (Perasso), 29 December 2004, Concurrences N° 2-2005, Art. N° 1205, pp. 100-101

Visites 3777

All reviews