New French Tax Reporting Requirements Applicable to Trusts: First Tax Filing Due September 15, 2012

Sullivan & Cromwell LLP - August 9, 2012

Trustees of trusts that either own French assets (as defined below) or have a settlor or beneficiary who is a French tax resident are subject to new French annual tax reporting requirements. Under the new provisions, a first filing is due by September 15, 2012.