On 3 October 2014, France published the monthly interest rates used in determining the deductibility of interest payments to related parties for companies whose tax year ends between 30 September 2014 and 30 December 2014.
The portion of interest payments exceeding the following rates are generally not deductible unless documentation is provided demonstrating that the interest rate applied for the related-party loan is at arm's length.
- Between 30 September 2014 and 30 October 2014 - 2.87%
- B…