France: Possible extension of exceptional depreciation | KPMG | GLOBAL

France: Possible extension of “exceptional depreciation” through 2016

France: Possible extension of exceptional depreciation

The “exceptional depreciation”—introduced by the Macron Act in 2015—currently applies to certain equipment and similar assets acquired or manufactured between 15 April 2015 and 14 April 2016. This provision allows companies to deduct 40% of the original value of eligible assets from the taxable base.


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According to reports in the press, the French government is considering extending this deduction until the end of 2016. Such an extension possibly could be included in the forthcoming “Sapin 2” Bill on economic transparency, expected for consideration and discussion by the French Parliament in April 2016.


For more information, contact a tax professional with Fidal* in Paris:

Olivier Ferrari | +33 (0)1 55 68 14 76 |   

Olivier Schmitt | +33 (0)1 55 68 15 92 | 


* Fidal is a French law firm that is independent from KPMG and its member firms.

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