Article 248 E of the French General Tax Code
When securities, mentioned in Articles 5 and 6 of Law no. 86-912 of 6 August 1986 or the profit participation certificates referred to in amended Article 1 of the same law, appear on the balance sheet of a company and are exchanged as part of the transactions referred to in 1° of l’article 5 de la loi n° 86-793 du 2 juillet 1986 ou au titre IV de la loi…