Executive summary
On 28 September 2020, the French Government presented the draft Finance Bill for 2021 (the draft Bill). This draft will be discussed by the French Parliament over the following weeks and may be subject to amendments; the final version will be enacted by the end of December 2020.
This Alert summarizes two of the main direct tax reforms included in this draft that may affect corporations.
Detailed discussion
Deferral or spreading of the taxation related to the voluntary revaluation o…