France’s 2015 Finance Act and the Rectificative Finance Act for 2014 have entered into force. According to new law, the changes are below;
- New rules permitting sister companies to f for tax purposes.
- A reduction in the real estate capital gains tax rate for nonresidents.
- New limits on the participation exception for dividends, increased penalties for failure to provide transfer pricing documentation.
- A new procedure to eliminate withholding tax on deemed dividends from transfer pricing adjustments.
