When the administration establishes that a company defined in Article 238 bis HE has not complied with the undertaking provided for in the second paragraph of paragraph 3 of Article 199 unvicies or one of those provided for in a and b of the same 3, the company is liable for a fine equal to 8% or 12% respectively of the amount of subscriptions paid by taxpayers who benefited from the increased rate of tax reduction provided for in the same article. These two fines may be cumulative.
Article 1763 E
Updated 7 Nov 2023

