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Article 146 quater of the French General Tax Code

The withholding tax provided for in 1 of l’article 119 bis et du prélèvement prévu au I de article 125 A interest, arrears and any other income from loans contracted before 1 January 1965 for the development of priority urbanisation areas, by local authorities and by bodies holding concessions for this development.

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Article 148 of the French General Tax Code

Dividends, interest, arrears and all other income from foreign securities which French insurance and reinsurance companies are obliged to deposit and keep on deposit abroad, in order to constitute sureties, are exempt from the proportional tax on income from foreign securities which are not subject to the subscription system, mathematical reserves and any other reserves for claims to be settled and for current risks, when this obligation is imposed on…

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