Improvement
Target audience
- Finance Managers
2 day
New training
Prerequisites
It is necessary to have a solid understanding of the basic mechanisms of VAT and the principle of determining taxable income, or to have completed the course “The Essentials of Corporate Taxation—Level 1” [FISC]
Objectives
◗ Stay up to date on recent tax developments.
◗ Analyze the main tax challenges for each tax.
◗ Preparing for a tax audit.
Training program
◗ Analyze VAT-related challenges
– Cases of reverse-charge VAT in France: waste, construction subcontracting
– Cases of reverse-charge VAT for international transactions: services, imports, intra-Community acquisitions
– The former DEB: the statistical component (EMEBI) and the tax component (VAT Return)
– Triangular transactions
– Cases where VAT cannot be recovered: expense reports, new option to recover VAT on certain passenger vehicles
– Reform of VAT liability rules for advance payments
✔ PRACTICAL APPLICATION | Case study: filling out a CA3 form with various cases of territorial exemptions and reverse charge
✔ PRACTICAL APPLICATION | Provision of an Excel tool to automate the CA3 form for international transactions
◗ Determine the taxable income subject to corporate income tax
– Overview of the principles for calculating taxable income
– Major off-balance-sheet additions and deductions
– Rules for gains and losses on the disposal of fixed assets
– Calculation of corporate income tax, estimated payments, and the balance due; application of tax reductions and credits
– Carrying forward and back of losses
✔ APPLY | Practical exercise: Fill out Form 2058 A to determine taxable income
✔ EVALUATE | Interactive Kahoot quiz
◗ Reviewing the CFE and Reporting the CVAE: The Impact of the 2025 PCG Reform on the Calculation of Value Added Subject to the CVAE
– Verify the CFE tax base
– Concept and deductions from rental value related to industrial premises
– CFE advance payment and balance
– Determine the taxable value added for CVAE: impact of the 2025 PCG reform
– Completing Form 2059-E for determining value added
– 2025 Finance Act: New timeline for the phased elimination of the CVAE postponed to 2030
– Verifying the CET cap based on value added
✔ APPLY | Practical example: filling out the CVAE forms—No. 2059-E for determining value added, No. 1330 for headcount and establishments, and No. 1329 for CVAE installments and balance
✔ APPLY | Providing an Excel tool to automate the calculation of value added and the CVAE
◗ Preparing for a tax audit
– Prepare for a tax audit by supporting all decisions with regulatory references (CGI, BOFiP, etc.)
– The tax audit process
– Taxpayers’ rights and obligations
– Generating and reviewing the FEC (accounting entries file)
– Tax adjustments and penalties
– Possible appeals
✔ ASSESS | Interactive Kahoot quiz to test your knowledge
Why choose this course?
In a constantly changing tax environment, accounting and tax departments must adjust their tax returns each year.
This training course helps participants gain a thorough understanding of VAT, the CFE, the CVAE, and taxable income for corporate income tax purposes; incorporate recent changes; and ensure compliance at every stage of the filing process.
Teaching and assessment methods
Before the training: Submit your expectations via your online portal 15 days before the training begins and complete a self-assessment of your skills.
Teaching Methods: A variety of teaching methods to cater to different learning styles, encourage active participation, and reinforce learning through experimentation and practice.
Educational materials: presentation materials, reference materials (summary sheets, tables, etc.), and other resources available in your account.
During the training: theoretical concepts are alternated with examples drawn from real-life cases. Participants are given the opportunity to engage in role-playing exercises. Numerous practical exercises allow participants to demonstrate their mastery of the skills as the training progresses.
Training monitoring and evaluation: attendance sheet and certificate of completion. Immediate and post-training evaluations conducted using the LearnEval platform.
Price
€1,650 (excl. tax)