Tax & Finance

#2019-683Decree on Mandatory Announcement Threshold for Treasury Privilege

🇫🇷France··Other·Low Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

This French law raises the threshold for mandatory public announcements related to the Treasury's claims from €15,000 to €200,000. This change impacts organizations or individuals with outstanding tax or customs debts, as it alters when such debts must be publicly announced.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • Raises the threshold for mandatory public announcement from €15,000 to €200,000
  • Applies to both tax and customs debts
  • Effective starting July 1, 2019

Obligations

What this law requires

high

Organizations and individuals with outstanding tax debts must only have such debts publicly announced when the debt amount reaches or exceeds €200,000 (previously €15,000)

French tax authorities (Direction Générale des Finances Publiques) and organizations/individuals with tax debts
disclosure
high

Customs authorities must only publicly announce outstanding customs debts when the debt amount reaches or exceeds €200,000 (previously €15,000)

French customs authorities and organizations/individuals with customs debts
disclosure
high

Apply the new mandatory announcement threshold of €200,000 to Article 416 bis of Annex III to the General Tax Code

French tax authorities (Direction Générale des Finances Publiques)
operational
high

Apply the new mandatory announcement threshold of €200,000 to Article 379 bis of the Customs Code

French customs authorities
operational
medium

Implement the decree effective 1 July 2019

All relevant French government administrations
operational

Affected Parties

Organizations with tax debtsIndividuals with customs debts

Tags

tax,customs,finance