Title I: Direct taxes and similar levies

The provisions of article 150-0 A are not applicable in the context of the transactions provided for in 1° of Article 5 of Law no. 86-793 of 2 July 1986 and Title IV of the loi n° 86-1067 du 30 septembre 1986 relative à la liberté de communication dans sa rédaction applicable au 23 décembre 2020, aux échanges de titres participatifs mentionnés à amended Article 1 of Law no. 86-912…

The provisions of Article 150-0 B shall apply to capital gains realised from 21 July 1993, the date of publication of privatisation law no. 93-923 of 19 July 1993, on the exchange of the securities referred to in Article 6 of Law 86-912 of 6 August 1986, the participating securities mentioned in amended Article 1 of the same law, as well as the government loan securities mentioned in l’article 9…