Implicit Support: From Unanimous Recognition to Practical Questions

Arising from the mere membership in a group of companies, implicit support can have a significant impact on a company’s credit risk.
Recognized by rating agencies, endorsed by the OECD, and scrutinized by tax authorities, its consideration raises several practical questions for intragroup financing policies.
Read the article of Théophile Trancart, published in the Revue de droit fiscal on June 9, 2022.