Article 1607 ter of the French General Tax Code
It is instituted, for the benefit of the établissements publics fonciers mentioned in article L. 321-1 of the town planning code, within the limit of the ceiling provided for in I of Article 46 of Law No. 2011-1977 of 28 December 2011 on the finances for 2012, a special equipment tax intended to finance their land and property operations and to finance their operations as part of operations to redevelop…