Brussels, 30/05/2013 (Agence Europe) - On Thursday 30 May 2013, the European Commission decided to refer France to the EU Court of Justice for discriminatory tax rules on new residential property. The French rules allow investments in new residential property in France to benefit from accelerated depreciation, but do not allow the same for similar investments abroad.
The French tax provisions allow accelerated depreciation to be applied to new residential property in France which is...