The French Parliament passed the tax legislative packages for 2014 on 19 December 2013, which were subsequently scrutinized by the Constitutional Court on 29 December 2013 and eventually enacted into law on 30 December 2013. Most of the key legislative changes relate to taxation of companies, with a view to a reduction of the budget deficit. The new legislation also focuses on the tax treatment of indirect transfers of profit. Several important measures were invalidated by the Constitutional Court, even though they were passed by Parliament.
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