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France: Significant changes to the treatment of losses and capital gains on shares

01 November 2011


Hélène Rives Alexa Lecoeur

The Amended Finance Act for 2011 was voted after an unusually quick legislative process in September 2011. It contains two main measures for companies.

Tax losses carry-forward A company/a French tax group will still be entitled to carry forward its tax losses with no time limitation. However, conversely to the existing regime, tax losses carry forward will...



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