French General Tax Code
In forceI. - The exemption from property tax on built-up properties and from the business property tax provided for in articles 1383 A and 1464 B is subject to a decision by the deliberating body of the local authorities or public establishments for inter-communal cooperation with their own tax system within whose jurisdiction the establishments of the companies in question are located.
The decision relates to the entire share due to each local authority or public establishment for inter-communal cooperation.
When all or part of the communal share of the property tax on built-up properties or of the business property tax paid by companies located in an economic activity zone created or managed by a grouping of communes is allocated to this grouping by virtue of the articles 29 or 11, as amended, of law no. 80-10 of 10 January 1980 on the organisation of direct local taxation, the latter is substituted for the commune for the application of this article.
II. - The decisions referred to in I are general in scope. They may concern:
1° Property tax on built-up properties and the business property tax (cotisation foncière des entreprises) or one of these two taxes only;
2° Establishments created and establishments taken over by companies referred to in I of article 1464 B or only one of these two categories of establishment.
The deliberations set the duration of the exemptions, which may not be less than two years or more than five years (1).
