Tuesday, 2 October 2012

Proposed 2013 French Budget includes significant corporate tax changes

The French government on September 28 released the first draft of the proposed tax measures that will be included in the 2013 Finance Bill. The measures of most significance to multinationals would provide an additional limitation on interest deductibility, eliminate the ability to offset capital gains with capital losses, and tighten the tax loss carryforward rules.
More info: pwc