French Parliament introduces significant changes to the treatment of losses and capital gains on shares

September 2011

Overview

On September 7 and 8, 2011, the Amended Finance Act for 2011 was passed by the French Assemblee nationale and Senat after an unusually quick legislative process. The Amended Finance Act for 2011 contains the ceratin amendments that may significantly impact US and International groups with French operations or subsidiaries.

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