A small French territorial collectivity off the coast of Newfoundland, Canada - the last remaining French possession in North America.
Saint Pierre and Miquelon's tax system is described by its own Direction des Services Fiscaux (DSF) as closely mirroring mainland French regulation, administered under fiscal authority delegated to the Territorial Council under Law No. 85-595 of June 11, 1985 to adapt local tax rules to the archipelago's economic circumstances. Corporate income tax (Impot sur les Societes) applies at a standard rate mirroring mainland France's 25% rate, with a reduced 15% rate for companies with annual turnover under EUR 600,000, capped at EUR 38,120 of taxable profit.
Per the Direction des Services Fiscaux's own official site (services-fiscaux975.fr), the individual income tax return deadline is generally 31 March for paper filings, with a one-month extension to 30 April for online filings (which also carry a EUR 20 tax reduction as an e-filing incentive).
Corporate tax rules (Impot sur les Societes) are stated by the DSF itself to be "very similar" to mainland French regulation. A reduced 15% rate applies to companies with annual turnover under EUR 600,000, capped at EUR 38,120 of taxable profit - mirroring the structural logic of mainland France's own SME reduced-rate regime (15% on the first EUR 42,500 of profit for qualifying SMEs), with different local thresholds. Above the reduced-rate ceiling, the standard rate mirrors mainland France's 25% rate. The Territorial Council has delegated fiscal authority under Law No. 85-595 of June 11, 1985 to adapt local tax rules to the archipelago's economic circumstances, so some divergence from the exact mainland figures is expected by design rather than being a data gap.
Personal income tax closely follows the mainland French system but is implemented through a locally adapted progressive scale of 12 brackets instead of mainland France's 5-bracket scale (which currently runs 0%, 11%, 30%, 41%, and 45%). Given the DSF's own description of the local system as tracking mainland principles with a smoother bracket structure, the top marginal rate is understood to also reach 45%, consistent with mainland France, though the income thresholds at which each of the 12 local brackets apply differ from the mainland's 5 thresholds and are not independently itemized in available sources. Mainland France's CSG/CRDS social surtaxes do not apply on the archipelago, per the DSF.
20% standard rate, 13% reduced rate (covering tourism, hospitality, and certain qualifying services). This is a genuinely distinctive point: Saint Pierre and Miquelon is the only French overseas collectivity (Collectivite d'Outre-Mer) that applies a real local VAT at all. By contrast, French Polynesia, New Caledonia, and Wallis and Futuna - also covered on this site - have no VAT and instead use entirely different indirect tax structures (or, in Wallis and Futuna's case, primarily import duties). Standard mainland French VAT itself does not extend to Saint Pierre and Miquelon; the local 20%/13% rates are a separate, territory-specific regime that happens to mirror the mainland's standard/reduced-rate numbers.
No specific statutory day-count or domicile test is independently itemized in available primary sources. Given the territory's tax system closely mirrors mainland French principles per its own DSF, French tax-residency concepts (habitual home, principal place of activity, center of economic interests) likely apply by analogy, but this is not confirmed against local legislation directly and should be treated as inference rather than a verified statutory rule.
A foreign company operating through a permanent establishment in Saint Pierre and Miquelon is brought within the local corporate tax system described elsewhere on this page, taxed at the standard rate mirroring mainland France's 25% rate (or the reduced 15% rate where the SME turnover threshold is met); a codified PE test comparable to a full OECD Model treaty article specific to Saint Pierre and Miquelon's own local code is not confirmed in available primary sources, given the archipelago's limited treaty network.
No CFC-specific provision under Saint Pierre and Miquelon's own tax code was found. As with Saint Barthelemy and Saint-Martin (both confirmed elsewhere on this site), this matters specifically because France's own national CFC regime is French national law that does not automatically extend to the tax code of an autonomous French overseas collectivity - Saint Pierre and Miquelon, like those two Caribbean collectivities, administers tax matters with a degree of autonomy from mainland France's General Tax Code as a Collectivite territoriale. The specific structure of Saint Pierre and Miquelon's own local tax code is not independently confirmed in available primary sources and should be verified directly before being relied upon for a specific structure.
No statutory thin capitalization ratio is identified in available sources for Saint Pierre and Miquelon.
Saint Pierre and Miquelon classifies entities under its own locally adapted tax code rather than offering an elective check-the-box system, and no ATAD2-style anti-hybrid mismatch regime addressing double-deduction or deduction-without-inclusion outcomes has been identified, consistent with the absence of a CFC regime described elsewhere on this page; France's own national anti-hybrid rules are French national law that does not automatically extend to Saint Pierre and Miquelon's own tax code as a Collectivite territoriale with delegated fiscal authority.
No domestic FBAR-equivalent regime requires Saint Pierre and Miquelon residents to separately disclose foreign financial accounts. Saint Pierre and Miquelon's specific CRS participating-jurisdiction status is not confirmed in available primary sources; unlike Saint Barthelemy and Saint-Martin (whose CRS status is tied to a specific EU savings-taxation agreement covering French Caribbean territories), Saint Pierre and Miquelon's North Atlantic location and separate EU categorization mean its status should not be assumed to be the same - confirm current status directly with the DSF before relying on this page. US persons remain independently subject to FinCEN Form 114 (FBAR) and potentially Form 8938 regardless of Saint Pierre and Miquelon's own rules.
A dedicated participation exemption regime for dividends or capital gains from a qualifying subsidiary is not independently confirmed in available primary sources; given the DSF's own description of the corporate tax system as closely mirroring mainland French principles, a participation-exemption-style regime broadly analogous to mainland France's own regime is plausible but is not itemized directly, and should be confirmed with the DSF before being relied upon.
A specific bilateral tax convention exists directly between metropolitan France and the Territorial Collectivity of Saint Pierre and Miquelon (signed May 30, 1988), addressing double taxation and fiscal evasion between the archipelago and mainland France specifically; no comprehensive network of Saint Pierre and Miquelon treaties with third countries was identified in available sources, so relief for third-country income should not be assumed available and should be confirmed directly with the DSF.
A specific bilateral tax convention exists directly between metropolitan France and the Territorial Collectivity of Saint Pierre and Miquelon (signed May 30, 1988, published via the French tax administration's own treaty archive) - this addresses double taxation and fiscal evasion between the archipelago and mainland France specifically, distinct from Saint Pierre and Miquelon having its own broader international treaty network. No comprehensive network of Saint Pierre and Miquelon treaties with third countries is identified in available sources - confirm current status directly with the DSF before relying on treaty relief for any third-country transaction.