Article 1655 quater of the French General Tax Code
November 7, 2023
I. – The company formed between the professionals for the conservation of the stock of petroleum products provided for in articles L. 642-2, L. 642-4 and L. 651-1 of the Energy Code and whose articles of association are approved by decree, is exempt from corporation tax. The company is required to distribute profits for the financial year each year. However, the ministers may authorise the reinvestment of profits. The company…
