France Issues Interest Rate Limits for Shareholder Loan Interest Deductions for Fiscal Years Ending between 31 March and 29 June 2022

France has issued the interest rates used in determining the deductibility of interest payments to shareholders for companies whose fiscal year ends between 31 March and 29 June 2022. The portion of interest payments exceeding the following rates is generally not deductible unless documentation is provided demonstrating that the interest rate applied is at arm's length. The period in which the …
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