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France Publishes Final Guidelines for ATAD Interest Deduction Limitations Including for Stand-Alone Companies

|Approved Changes|France
France

The French tax authority published final guidelines on 13 May 2020 regarding limitations on the deduction of interest, including the changes introduced by the Finance Law for 2019 to implement the EU Anti-Tax Avoidance Directive (ATAD). The guidelines cover the general regime, which includes the 30% of EBITDA restriction and EUR 3 million safe harbor, as well as the special rules for under-cap…

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