French General Tax Code
In forceThe following are exempt from business property tax:
1° Publishers of periodical sheets and companies in which they hold a majority of the capital and to which they entrust the performance of grouping and distribution operations;
1° bis Sociétés coopératives de groupage de presse and sociétés agréées de distribution de la presse, by virtue of the activity of grouped distribution of newspapers and periodical publications that they are entrusted with and carry out pursuant to article 3 of law no. 47-585 of 2 April 1947 relating to the status of newspaper and periodical publication grouping and distribution companies ;
1° ter Online press services recognised on 1 January of the tax year under the conditions specified by the decree provided for in the third paragraph of Article 1 of Law no. 86-897 of 1 August 1986 reforming the legal status of the press (1);
2° Press agencies that appear on the list drawn up in application of Article 1 of Order no. 45-2646 of 2 November 1945 as amended, by virtue of the activity they carry out within the scope of that same Article 1 for as long as they have not ceased to fulfil the conditions determined by that Order.
3° Local correspondents of the regional or departmental press by virtue of the activity they carry out in accordance with the provisions of Article 10 of Law no. 87-39 of 27 January 1987 on various social measures.
4° Press salespersons by virtue of the activity they carry out in accordance with I of article 22 of law no. 91-1 of 3 January 1991 tending to develop employment through training in companies, aid for social and professional integration and the reorganisation of working hours, for the application of the third employment plan.
