Amending Finance Bill No. 4215 for 2021 has been submitted in the French National Assembly. As previously reported, one of the key measures of the bill is enhanced loss carryback relief for impacted companies based on recent recommendations from the European Commission. The measure provides that losses recorded for tax years ending from 30 June 2020 to 30 June 2021 may be carried back up to three years instead of the standard one year. Further, the standard EUR 1 million carryback limit does…