Insurance

In response to a parliamentary question dated 6 june 1994 asking whether Article 209 B of the French General Tax Code applies to captive insurance and reinsurance subsidiaries of French parent companies, when they enjoy a favourable tax regime, the Budget Minister replied that insurance was not a priori excluded from the provisions of Article 209 B and that each case would be examined on its own merits.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances. For additional information contact Claire Acard on +33 (1) 55 61 10 10. The members of ARCHIBALD ANDERSEN Association d'Avocats (S.G. Archibald and Arthur Andersen International) are registered with the Hauts-de-Seine Bar.