Article 248 C of the French General Tax Code
November 8, 2023
The bonds of the caisse nationale de l’industrie and the caisse nationale des banques allocated to the holders of shares transferred to the State are automatically subrogated to these shares in all cases where the law, regulations or contracts have either provided for the use or reinvestment of funds in shares, or created or modified the rights relating to these shares; transactions thus carried out on these shares are deemed…
