France: Rate limits for interest deductibility of interest paid to shareholders

Rates based on average interest rates from Central Bank of France

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July 18, 2025

The tax authorities on May 28, 2025, published annual rate limits for interest deductibility of interest paid by companies to shareholders for fiscal years ending between March 31 and June 29, 2025 (based on the average interest rates from the Central Bank of France):

  • 5.49% for March 31-April 29
  • 5.41% for April 30-May 30
  • 5.32% for May 31-June 29


For further information, contact a KPMG tax professional in France:

Marie-Pierre Hoo | mhoo@kpmgavocats.fr

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