France’s new leveraged acquisitions warning

December 01 2010

France’s thin capitalisation rules are being drastically amended at the end of year in the 2011 Finance Act. Laurent Borey and Antoine Belgrand, of Mayer Brown argue that taxpayers need to pay close attention to these changes or face problems down the line.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

more across site & shared bottom lb ros

More from across our site

Direct Tax

A taxing week: HMRC’s GfC13 puts tax advisers in an unwinnable situation

The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations

Tom Baker, December 12 2025

Direct Tax

Taylor Wessing in merger talks with US firm Winston & Strawn

Taylor Wessing, whose most recent UK revenues were at £283.7m, would become part of a £1.23bn firm post combination

Tom Baker, December 12 2025

Direct Tax

Pillar two is revising global tax competition with a 15% minimum tax rate

This week in tax: China adds to growing list of US pillar two carve-out dissenters

China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap

Sam Sholli, December 12 2025

Direct Tax

Exclusive: 92% of executives expect more disputes from pillar two

An EY survey of almost 2,000 tax leaders also found that only 49% of respondents feel ‘highly prepared’ to manage an anticipated surge of disputes

Sam Sholli, December 11 2025

Direct Tax

Tax leads the way for BDO as global revenues rise

The international tax, audit and assurance firm recorded a 4% year-on-year increase in overall turnover to hit $11bn

Tom Baker, December 10 2025

Awards

Winners revealed: celebrating the 2025 Social Impact EMEA winners

View the official winners of the 2025 Social Impact EMEA Awards

Shailyn Tirado, December 10 2025

Direct Tax

Corporate tax income declined in OECD countries in 2023: report

CIT as a proportion of total tax revenue varied considerably across OECD countries, the report also found, with France at 6% and Ireland at 21.5%

Sam Sholli, December 09 2025

Direct Tax

Beyond the numbers: Canan Doksat on strategy, empathy, and tax

Erdem & Erdem’s tax partner tells ITR about female leader inspirations, keeping ahead of the curve, and what makes tax cool

December 09 2025

Direct Tax

Unveiling ITR's Global Tax 50 2025

ITR presents the 50 most influential people in tax from 2025, with world leaders, in-house award winners, activists and others making the cut

Tom Baker, December 08 2025

Mathias Cormann, minister for finance of Australia, speaking at the World Economic Forum in 2020; photo rights from World Economic Forum/Greg Beadle

ITR Global Tax 50 2025: Mathias Cormann

Cormann is OECD secretary-general

December 08 2025