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First part of Finance Bill 2008 adopted by Upper House of Parliament

|Approved Changes|France
France

The Upper House adopted the first part of the Finance Bill for 2008 on 30 November 2007. The main changes and additions to the Bill are summarized below.

Corporate income tax

The amendments or changes concerning corporate income tax are as follows:

-   Capital gains on immovable property and securities in real estate companies (companies the assets of which consist for more than 50% of immovabl…

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