The French tax authority has issued a release announcing penalty relief for companies that have wrongly benefited from the reduced corporate income tax rate for companies with turnover not exceeding EUR 10 million. This follows a decision of the French Supreme Administrative Court (Conseil d'Etat) issued in March 2025, which determined that when a company is part of a group, then the total turnover of the group must be considered in determining whether the company qualifies for the reduced r…