Legal news

DELSOL Avocats has been distinguished at the Palmarès du Droit organised in Lyon (France) by Le Monde du Droit. The expertise of our Corporate Taxation and Wealth law & taxation teams was rewarded with a Gold Trophy in the Tax category. This award is all the more appreciable in that it testifies to the satisfaction of our clients, who...

From a French tax point of view, unfortunately, the legislator has not provided for a specific tax and social regime for the income earned by sportsmen and sportswomen from their image and fame. The most common question is whether this type of income should be considered as a salary (subject to social security contributions) or as a fee...

Over the past 15 years, France has increasingly reinforced its control over foreign investments. The list of sensitive activities subject to prior authorization has expanded substantially. Early 2024, a new regulation (i) expanded the list to activities related to the processing and extraction of critical raw materials (cobalt, lithium…), while...

Since July 1, 2023, Belgium has implemented a foreign direct investment (FDI) screening system. The aim of the FDI screening is to detect and mitigate potential risks to national security, public order, and strategic interests, particularly in sensitive sectors like critical infrastructure, technology, and raw materials. The FDI screening...

The OECD is working to harmonize both tax rates and tax bases worldwide, in order to fairly tax profits from the digital economy and multinational corporations, as well as to combat tax fraud and competition between states (the so-called Pillar 1 and 2 initiatives). see the United States weigh more heavily on these efforts, which are being...

As from September 4, 2024, the United States Federal Trade Commission (FTC) had planned to enforce a rule banning most post-employment non-compete clauses nationwide. However, this rule was blocked by a Texas federal court in late August. The court concluded that the FTC had exceeded its statutory authority, deeming the decision "arbitrary and...

With a view to reconcile buyers’ and sellers’ opposite objectives in M&A and private equity transactions, W&I (Warranty and Indemnity, also know as Representations and Warranties) insurance has become a more and more widely-spread tool on the French market to popular risk allocation. W&I insurance enables to materially bridge gaps...

Gift tax In principle, all gifts must be made before a notary. The notary is obliged to submit the deed to the registration office. Once the deed has been registered, the registry office will submit it to the tax administration, which will then charge gift tax. Over the years, the practice has developed of making hand-to-hand gifts or gifts...