1°: Overall result

The overall result is determined by the parent company by making the algebraic sum of the results of each of the companies in the group, determined under the conditions of ordinary law or in accordance with the procedures set out in article 214. Participation income received by a group company from a company that has been a member of the group for more than one financial year and participation income…

I. – The net financial charges borne by the group are deductible from the overall result, up to the higher of the following two amounts: 1° Three million euros; 2° 30% of the group’s result determined under the conditions of II. The amount of three million euros mentioned in 1° of this I refers to one financial year, if necessary reduced to twelve months. II. – The result referred to…

The overall profit is taxed in accordance with the procedures set out in the second paragraph of paragraph I of Article 219. The overall net profit obtained pursuant to article 223 H, when the option for the regime provided for in article 238 is exercised, is subtracted from the overall profit to be taxed separately in accordance with the procedures provided for in the second paragraph of a of I…