ARTICLE · 10 FEBRUARY 1997
Tax - Industrial Or Commercial Earnings
FranceAccounting and Audit
Fixed assets - Assets values - Tangible fixed assets - Return to the lessor of buildings constructed by the tenant
When a tradesman or a company subject to corporate income tax receives, at the end of a lease, the ownership of a building constructed by a tenant on a rented site, the value of the building constitutes a profit of the tax year during which the tradesman or the company gains the disposal of the building (CAA Lyon, September 25, 1996, no. 94-768, 4e ch., SCI Elem.).
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be brought about your specific circumstances.
For additional information contact Claire Acard on 33/(1)/55 61 10 10, Lionel Benant on 33/78.63.72.35, Joel Fischer on 33/78.63.72.31, or Laurent Borey on 33/(1) 55 61 10 10 or enter text search: "ARCHIBALD ANDERSEN Profile".
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