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 31 December 2023 and 29 June 2024. 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 31 December 2023 and 30 January 2024 - 5.57% between 31 January 2024 and 28 February 2024 - 5.70% between 29 February 2024...