Article 238 sexdecies of the French General Tax Code
November 8, 2023
Capital gains subject to the articles 39 duodecies to 39 quindecies and realised on the disposal of inland waterway vessels used for the transport of goods, in operation by a river transport company or by a company whose business is to hire such vessels, are exempt from tax. To benefit from the exemption, the company must have acquired, during the last financial year, or have undertaken to acquire within twenty-four…
