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France Issues Interest Rate Limits for Shareholder Loan Interest Payment Deductions for Tax Years Ending Q3 2015

|Approved Changes|France
France

On 27 June 2015, France published the interest rates used in determining the deductibility of interest payments to shareholders for companies whose tax year ends between 30 June 2015 and 29 September 2015.

The portion of interest payments exceeding the following rates are generally not deductible unless documentation is provided demonstrating that the interest rate applied is at arm's length. …

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