On 2 June 2021, Government published the amended draft Finance Bill 2021 in the National Assembly, which proposes to temporally ease conditions related to the carryback mechanism applicable to tax losses. According to the Bill, companies will be Officially allowed to carry back, on the profits recorded for the three previous financial years and without any other cap, the deficit that may be recorded for the first financial year ended from 30 June 2020 until 30 June 2021. The cost of this measure is estimated at € 0.4 billion, which will depend on the speed of the economic recovery, considering the ability that companies would have had in any case to carry forward their deficits.
Related Posts

France ratifies OECD GloBE information exchange agreement under Pillar Two
France has ratified the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA)
Read More
France: DGFiP updates VAT guidance on international agent regime
France’s Tax authority, the Directorate General of Public Finance (DGFiP), published updated guidance on 14 October
Read More
France clarifies tax treatment of management package gains for employees, executives
France's tax authority has published official guidelines (BOI-RSA-ES-20-60-20261015) on 15 October 2026 on how gains
Read More
France tables Pillar Two safe harbours, CbC reporting relief
The French government tabled Amendment I-3734 to the 2027 Finance Bill (Projet de loi de finances pour 2027, No. 3210)
Read More
France issues guidance on eligible investment structures, rejecting SARLs
France's General Directorate of Public Finances (DGFiP) published the administrative ruling (rescrit)
Read More
France issues guidance on e-reporting of transaction, payment data
France's tax authorities released the administrative guidance on 30 September 2026, following the entry into force of
Read More