Recent case law on thin capitalization rules

Journal
Sarfati, E.
France
Finance and Capital Markets (formerly Derivatives & Financial Instruments) 2004 (Volume 6), No. 4
FormatPDF
EUR
45
| USD
50 (VAT excl.)

In-depth outline and comment of two recent Conseil d'Etat landmark decisions of 30 December 2003 (SA Andritz and SARL Coreal), as to the compatibility of French thin capitalization rules with the non-discrimination clauses found in tax treaties and with the EU principle of freedom of establishment.