France's Draft Budget for 2016 Presented to Parliament

On 30 September 2015, the French government presented the draft Budget for 2016 to parliament. The main tax related measures concern transfer pricing (TP) documentation requirements, which include:

• Electronic filing will be required for the abridged TP documentation for large enterprise introduced from 1 January 2014;
• Parent companies of consolidated tax groups will be required to file abridged TP documentation for each member of the group; and
• Abridged TP documentation will need to include …