Sleeping holding companies: to qualify as active, wake up and get active!

Summary — the original article was published in French as « Belles holdings endormies : pour être animatrices, réveillez-vous, activez-vous ! ».

The active holding company, a tax ‘open sesame’ for business owners, has been defined by the legislator without putting an end to practical difficulties and diverging interpretations between practitioners and the tax authorities.

Based on a Cour de cassation ruling denying a holding company ‘active’ status — and the related wealth tax exemption — the authors analyse the persistent difficulty of defining an active holding company and the burden of proof.

Read the original excerpt in French →