II: Exemptions and special schemes.

1. The following are exempt from corporation tax: 1° (provisions no longer applicable); 1° bis. Professional trade unions, whatever their legal form, and their unions for their activities relating to the study and defence of the rights and collective material or moral interests of their members or the persons they represent and provided that they operate in accordance with the provisions governing them; 2° Except for transactions carried out with…

Sont également exonérés de l’impôt sous réserve des dispositions de l’article 208 A : 1° (Abrogé à compter du 1er janvier 1993) ; 1° bis-Les sociétés d’investissement qui sont régies par les articles L. 214-127 et seq. of the Monetary and Financial Code, in respect of the portion of profits arising from the net proceeds of their portfolio or from capital gains realised on the sale of securities or shares…

The benefit of the provisions of 1° bis and 2° of article 208 is reserved for investment companies governed by articles L. 214-127 et seq. of the Monetary and Financial Code, which allocate all of their distributable profits for each financial year.

I. – The investment property companies referred to in I de l’article 33 de la loi n° 63-254 du 15 mars 1963 sont exonérées de l’impôt sur les sociétés pour la fraction de leur bénéfice qui provient de la location de leurs immeubles. II. – When, under the conditions set out in I of Article 11 of the 1985 Finance Act no. 84-1208 of 29 December 1984, they hold shares…

I. – Listed property investment companies are defined as joint stock companies listed on a regulated market in accordance with Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments amending Council Directives 85/611/EEC and 93/6/EEC and Directive 2000/12/EC of the European Parliament and of the Council and repealing Council Directive 93/22/EEC, whose share capital is not less than EUR 15…

I. – The provisions of Articles 210 A and 210 B apply to transactions involving listed real estate investment companies, or their subsidiaries, and the companies mentioned in III bis of Article 208 C, which have opted for the regime provided for in II of the same article. The application of these provisions is subject to the condition that the absorbing company undertakes, in the merger deed, to substitute itself…

Where, subsequent to the exercise of the option provided for in the first paragraph of II of article 208 C, real estate, rights in rem mentioned in the sixth paragraph of II of the same article, rights relating to a leasing contract on real estate, rights relating to real estate the enjoyment of which has been granted on a temporary basis by the State, a local authority or one of…

I.-1. Single-member simplified joint stock companies (sociétés par actions simplifiées), known as “sociétés unipersonnelles d’investissement à risque”, owned by a natural person, are exempt from corporation tax until the end of the tenth financial year following the year in which they were created, which, from the time of their creation, have as their sole corporate purpose the subscription in cash to the initial capital or to capital increases of companies…

Corporations taxable under 5 of Article 206 do not have to include in their taxable income: a. Interest on sums held in Livret A passbook accounts; b. Under the conditions and subject to the reservations set out in 1° of article 133, interest, arrears and other income from non-negotiable loans contracted by the regions, départements, communes, syndicates of communes and public establishments; c. Even if they are not represented by…

Local mutual agricultural credit unions taxable under 2° of 6 of article 206 do not include in their taxable income the interest paid on the shares they hold in the capital of the funds with which they are affiliated.