OrbitaxFinance Bill for 2007 adopted by Council of Ministers – measures for companies
|Proposed Changes|France
The Council of Ministers adopted the Finance Bill for 2007 on 27 September 2006. The tax proposals in respect of companies, which unless otherwise indicated will apply from 1 January 2007, are summarized below.
Expenses related to acquisition of substantial participation
From 1 January 2007, a 95% exemption on capital gains derived from the sale of a participation of…
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