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XIII: Tax regime for non-trading companies whose purpose is the construction of buildings with a view to sale

Article 239 ter of the French General Tax Code

I. – The provisions of 2 of article 206 are not applicable to non-trading companies created after the entry into force of law no. 64-1278 of 23 December 1964 and whose purpose is the construction of buildings with a view to sale, provided that such companies are not constituted in the form of joint stock companies or limited liability companies and that their articles of association provide for the unlimited…

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