French Tax Leases Face Scrutiny

The European Commission addressed to the French government this month an official notice that it will be investigating the compatibility of the French tax lease law with regard to EU state aid rules. The EC is concerned that the structure is a disguised form of state aid to the sector. In particular, the requirement to obtain a tax ruling prior to doing the transaction indicates for the EU a degree of discretionary judgment incompatible with state aid rules.

This is only an excerpt of French Tax Leases Face Scrutiny

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.