DUTREIL PACT: A TIGHTENING OF THE CONDITIONS
By confirming that, in the then applicable wording of the law, the condition of activity of the company had to be assessed only at the date of the transfer, the Court of Cassation rendered, on 25 May, a decision that was extremely favourable to the taxpayer but that risked weakening the Dutreil mechanism. In the context of the parliamentary debates prior to the adoption of the amended finance law for 2022, the Parliament urgently adopted a correction intended to counteract this case law and avoid abuses.
Read the article analysing these changes, published in the October issue of Gestion de Fortune magazine, co-authored by Jean Barrouillet, a member of our tax team, Sandrine Quilici, Head of Wealth Engineering at Pictet Wealth Management and François Bonte, Notary at Michelez Notaires.
Jean Barrouillet, tax lawyer