Article R2335-4 of the French General Code of Local Authorities
Where the exemptions from property tax on built-up properties provided for in articles 1384, 1384-0 A, 1384 A, 1384 C and 1384 D of the General Tax Code and to I and II bis of Article 1385 of the same code result in a loss of revenue for local authorities of more than 10% of the total local income from property tax on built-up properties, these local authorities receive an…