France Tax Agency Updates Administrative Doctrine Extending Tax Credit for Specified SME Investments

The French General Directorate of Public Finance June 3 updated an administrative doctrine on the Corsica investment tax credit, for small and medium-sized enterprises (SMEs). The updated doctrine includes that the credit: 1) is available for qualifying investments by SMEs subject to income tax under a real regime or corporate income tax, meeting the EU definition under Regulation (EU) No 651/2014; 2) applies to certain investments for the needs of a holding situated in Corsica; and 3) applies to investments made until Dec. 31, 2028. [France, General Directorate of Public Finance, 06/03/26]

Reference: View Guidance No. BOI-BIC-RICI-10-60. View Announcement ...