OrbitaxFrench Parliament Approves Amended Finance Bill for 2014 and Finance Bill for 2015
|Approved Changes|France
On 18 December 2014, the French parliament approved the Amended Finance Bill for 2014 and Finance Bill for 2015.
Key measures introduced in the Amended Finance Bill for 2014 include:
Participation Exemption Limitation
The participation exemption for dividend income will be denied if:
- The dividends are paid out of profits not subject to corporate income tax or similar tax, or
- The dividen…
