European Union: Tax

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Company Whose Assets Consist Predominantly Of Real Estate: Interpretation Under French Domestic Law
The French Supreme Court has clarified how to interpret the concept of a legal entity whose assets consist principally of immovable property when this concept is not defined in an applicable tax treaty. The decision addresses whether interests held by family members and indirect holdings through intermediary entities must be considered when determining if a company falls within the scope of real estate provisions in tax treaties.
France Tax
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Delsol Avocats
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