French Tax Authorities Release a List of 17 Abusive Tax Schemes: The French Tax Administration Intends To Incentivize Taxpayers that Have Already Entered into Abusive Schemes To Regularize Their Situation 

Sullivan & Cromwell LLP - April 8, 2015
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In July 2014, the French tax authorities released a first list of 11 abusive tax schemes. This list was generally viewed as non-contentious as it described obvious cases of abuses of law, which were not relevant for most corporate taxpayers.

On April 1, 2015, the French tax authorities released an additional list of 17 tax schemes and indicated that the list should be supplemented in the future. In most cases, the description of such schemes is not very helpful as the tax administration sets forth very basic and rudimentary schemes. However, the tax administration provided some guidance on the possibility for taxpayers to regularize their situations, and announced the creation of a National Expert Committee, which will assist the tax administration in the context of complex tax reassessments.