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Article 1655 ter of the French General Tax Code

Subject to the provisions of Article 60, 2° of I of article 827 and 2° of the I of article 828, companies whose sole purpose is either the construction or acquisition of buildings or groups of buildings with a view to their division into fractions intended to be allocated to the members in ownership or in jouissance, or the management of these buildings or groups of buildings thus divided, or…

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