Most Common Roulette Number

partners' current accounts: earnings (interest), net tax and tax under PIT

The shareholders of a company can temporarily available their company money. These amounts are classified, accounting partners' current accounts (CCA) and can be productive of interest to the lender (the wage rate is freely determined between the parties).
In the event of a financial compensation for such advances, are following her on the tax plan, the following rules:

1. Conditions of interest tax deduction allocated to the shareholders

• The capital of the company must be fully paid.
• The interest rates on current account Associate (CCA) shall not exceed the reference rate . This reference rate (ceiling pay) equals the average annual average effective rates charged by lending institutions for loans to businesses of varying maturity over 2 years (see Article 39 of CGI). According to the date, the company closes its financial year, the reference rate is as follows:

Year ended	deductible interest rate ( maximum)
28/02/2011	3,78%
31/01/2011	3,80%
31/12/2010	3,82%
30/11/2010	3,87%
31/10/2010	3,90%
30/09/2010	3,93%
31/08/2010	3,96%
31/07/2010	4,01%
30/06/2010	4,06%
31/05/2010	4,19%
30/04/2010	4,26%
31/03/2010	4,33%
28/02/2010	4,52%
31/01/2010	4.66%
12/31/2009	4.81%

For example, for a company closes its books at December 31 2010, the interest rate limit is 3.82%. The fraction of possible interest called surplus is then the tax return (see 2058).

2. Taxation of interest on current accounts allocated to the shareholders

The interests of partners' current accounts are subject to the Tax on personal income tax (PIT) . The taxpayer may choose:

• or for the abatement lump (1,525 euros for a single, 3,050 euros for a couple) is for
• levy. The tax rate rises to 31.3% total: 19% (18% before 1 January 2011) + 12.3% social security contributions (CSG, CRDS ...).

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