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Article 969 of the French General Tax Code

The assets mentioned in article 965 transferred to a fiduciary estate or those that may have been acquired by way of reinvestment are included in the settlor’s estate at their net market value.

Original in French 🇫🇷
Article 969

Les actifs mentionnés à l’article 965 transférés dans un patrimoine fiduciaire ou ceux éventuellement acquis en remploi sont compris dans le patrimoine du constituant pour leur valeur vénale nette.

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