Interest on associate current accounts: 2026 framework

Updated March 2026 - The associate current account is a classic company financing tool. It can provide cash flow flexibility without immediately carrying out a capital increase. But the question of associate current account interest should not be treated lightly. Their remuneration follows a precise tax framework, with a maximum deductible rate and several basic conditions.

See also: Interim dividends, Mother-daughter diet and Tax integration.

The partner current account allows a partner or shareholder to leave sums available to the company. It can be used to:

• ▸temporarily support the cash flow;
• ▸finance a one-off need;
• ▸support a start-up or a growth phase;
• ▸streamline certain intra-group operations or between partners and the company.

No. For current account remuneration to be defensible, it is necessary to verify:

• ▸the existence of an agreement or a clear decision framework;
• ▸the reality of the sums left available;
• ▸rate conformity;
• ▸the correct accounting and tax translation.

The key point of 2026: the deductibility limit

The BOFiP periodically publishes the reference rate framework used to cap the tax deduction. The version published on January 28, 2026 notably recalls the reference rates usable for financial years ending up to March 30, 2026 inclusive.

For closed twelve-month financial years:

• ▸between December 31, 2025 and January 30, 2026: 4.55%;
• ▸between January 31, 2026 and February 27, 2026: 4.49%;
• ▸between February 28, 2026 and March 30, 2026: 4.44%.

These figures must be used with caution, because the method also depends on the closing date and, depending on the case, the structure of the financial year.

Hayot Expertise Advice: on partners' current accounts, the most common error consists of using a "reasonable" rate without checking the tax deductible rate applicable to the financial year.

• ▸absence of decision or documentation;
• ▸application of a rate that is too high;
• ▸confusion between capital contribution and current account advance;
• ▸approximate accounting;
• ▸absence of overall reading with remuneration and dividends.

The interest-bearing current account may be relevant, but you must also look at:

• ▸the effect on the tax result;
• ▸the cash flow situation;
• ▸the place of associated financing in the overall structure;
• ▸the beneficiary's taxation;
• ▸the available alternatives.

CTA: Check deductibility and the associated financing strategy

Sound management assumes:

• ▸a written framework;
• ▸a review of the movements;
• ▸a check of the applicable rate;
• ▸consistency with other flows between partner and company.

Interest from associates' current accounts can be useful, but only in a controlled setting. In 2026, the subject requires a technical reading of the texts, the closing date and the overall financing structure.

Do you want to secure your associate current accounts and your flows between associates and company? Our firm helps you check the rate, documentation and overall tax consistency. Make an appointment with an expert

(Official sources: BOFiP BOI-BIC-CHG-50-50-30 of January 28, 2026, articles 39 and 212 of the CGI)