French tax authorities, on August 5, published regulations under new Article 212 1-b of the French tax code, which limits interest deductions when the debtor and creditor are affiliated entities, writes Taxand France, in an August 18 report. For analysis of the new regulations, see Taxand France. See, also KPMG.
Copyright © 2021. DISCLAIMER: The information provided herein is general and may not be applicable in all situations. It should not be acted upon without legal advice accounting for a particular situation.
