ARTICLE
21 December 1995

Current Tax Developments - Receivables Relating to Loss Carry Back

SA
SG Archibald Andersen

Contributor

SG Archibald Andersen
France Accounting and Audit
Through a recent instruction, the French authorities allowed the reimbursement of receivables derived from a loss carry back, even though the company entitled to the reimbursement had been liquidated. In such a case, the receivable becomes jointly owned by the former shareholders of the company who can then notably appoint one shareholder -or the former liquidator- in order to obtain its payment.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought for your specific circumstances. For additional information contact Claire Acard on +33 (1) 55 61 10 10 or enter text search: "ARCHIBALD ANDERSEN Profile". The members of ARCHIBALD ANDERSEN Association d'Avocats (S.G. Archibald and Arthur Andersen International) are registered with the Hauts-de-Seine Bar.

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