French Polynesia has published Law No. 2022-16 of 31 March 2022, containing measures for the modernization of the tax system to encourage local investment. Measures include: A tax deduction equal to 2% of reinvestments where distributions to beneficiaries (natural persons) are reinvested within 12 months; An exemption from tax on income from movable capital for dividends paid from one company to another if the following conditions are met: both companies have their head office in French Polynesia; both companies are subject to corporate income tax; the shares have always been held by the same company since being issued, or have...