In Société Orange (decision QPC 28-4-2017 n°2017-627/628), the French Constitutional Council has ruled that the refusal of the tax authorities to reimburse an employer company’s compulsory social security contributions, made in respect of the grant of conditional bonus (or free) shares where the conditions are not subsequently met (such that the shares never vest), was … Continue Reading
Written by Stephanie Pollet Awards of qualified free shares by companies in France are now subject to two new limits. There is a welcome increase in the proportion of share capital that can be granted as free shares but the spread of awards between employees is now restricted. The new rules came into effect from … Continue Reading
