Jeantet Tax Alert – Insurance and mutual health companies, march 2021
FRENCH CONTRIBUTIONS BASED ON PREMIUMS
Foreign insurance and mutual health insurance companies (European or non-European) having insured individuals residing in France. If you have within your client individuals residing in France, you may have to respect some tax obligations, and particularly for social and tax matters. Such foreign companies are subject to 2 taxes in France: The taxe de solidarité additionnelle (i.e. « TSA ») and the taxe spéciale sur les conventions d’assurance (i.e. « TSCA »). In case of multiple guarantees, a very specific analysis must be done. – 20,27% of the premiums (persons affiliated to French social security scheme) or – 14% of the premiums (persons not affiliated to French social security scheme) Daily cash sickness benefits: – 14% of the premiums (either for persons affiliated or not to the French social security scheme) – 9% of the premiums (either for persons affiliated or not to the French social security scheme) paid by individuals residing in France. *Since 2019, a special 0,8% exceptional contribution is due for 2020. For TSA, companies must file a quarterly TSA social return CTP 135, 136 (URSSAF). For TSCA, companies must file a monthly n°2787 tax return (SIE des non-résidents). Depending on your situation, a tax representative appointment can be required by French social and tax authorities: Social and tax risks: Criminal risks: Tax fraud and criminal offense Activity risks: French regulatory authorities can act against foreign companies which are not complying with their French obligations. Possibility to obtain a dismissal of the penalties in case of self-regularization.
TSA
TSCA
Health insurance:
Non-health guarantees:
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