The French tax authority recently published updated interest rates used in determining the deductibility of interest payments to shareholders, including for companies whose fiscal year ends between 30 September 2023 and 30 December 2023. The portion of interest payments exceeding the following rates is generally not deductible unless documentation is provided demonstrating that the interest rate applied is at arm's length. The period in which the fiscal year ends, and the applicable rates are as follows: between 30 September 2023 and 30 October 2023 - 4.95% between 31 October 2023 and 29 November 2023 - 5.18% between 30 November 2023...