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France Ratifies Agreement with Monaco on Tax Exemption for Charitable Donations

|Treaty Development|France-Monaco
France-Monaco

France has published Law no. 2021-748 of 11 June 2021, which provides for the ratification of an agreement with Monaco concerning the taxation of charitable donations. The agreement, signed 25 February 2019, essentially provides for a tax exemption on donations and bequests made to public bodies or charities in the two countries. The agreement will enter into force on the first day of the seco…