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French Constitutional Court to Decide on whether Lack of Tax Credit Carry Forward is Constitutional

|Proposed Changes|France
France

According to recent reports, the French Council of State (Conseil d'État - Supreme Administrative Court) has referred to the French Constitutional Council (Conseil Constitutionnel - Constitutional Court) for a preliminary ruling on whether the inability of taxpayers to carry forward excess tax credits is unconstitutional (for foreign or domestic tax withheld). As provided in the General Tax Cod…