The French Administrative Court of Appeal of Nantes Dec. 23 issued Decision No. 25NT00819, clarifying the tax treatment of provisions for doubtful debts from intragroup financing. The taxpayer claimed a deduction for provisions for doubtful debts owed by its parent company, but the tax authority assessed additional corporate income tax and related penalties after a tax audit revealed that the debt claims were not credible. On appeal, the Administrative Court of Appeal of Nantes held that: 1) the 180,000 euro (US$211,914) provision for doubtful debts was unjustified because the taxpayer failed to establish the existence of a genuine receivable or ...