Article 235 ter ZE of the French General Tax Code
I.-An annual levy is introduced on the proceeds of the additional premiums or contributions provided for in Article L. 125-2 of the Insurance Code relating to cover against the risk of natural disasters. This levy is paid by insurance companies. II. II – The rate of this levy is set at 12%. The levy is collected according to the same rules, under the same guarantees and the same penalties as…