On 28 December 2018, the French Finance Law for 2019 passed its constitutional review with no significant issues. This follows the law’s approval by parliament on 20 December. The main measures of the law are summarized as follows: New Interest Deduction Restriction Rules New interest deduction restriction rules are introduced, including a general net interest deduction restriction in line with the EU Anti-Tax Avoidance Directive, which provides that the deduction of net interest expense is limited to 30% of EBITDA, with a EUR 3 million safe harbor (applies at the group level). Interest expense exceeding the limit may be carried...