Article 8 quinquies of the French General Tax Code
November 8, 2023
Each member of the co-ownerships of racehorses or stallions who comply with the conditions mentioned in article 238 bis M is personally subject to income tax on the share corresponding to his rights in the results declared by the co-ownership. For the application of these provisions, the articles of association and operating procedures of stallion co-ownerships must comply with standard articles of association approved by decree.
