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-a capital reduction follows the tax regime for capital gains on securities; the distribution of a dividend is taxed as income. According to the opinions of the Committee on Abuse of Tax Law and case law, choosing to reduce capital does not constitute an abuse of tax law when the economic motivations outweigh the tax consideration. Include economic motivations in the deed: The reserves exceed the needs of the operation – The reduction makes it possible to reduce the value of the company and facilitates its transfer Unnecessarily high capital represents an unjustified risk for the partner – The patrimonial consequences are divergent (personal property/common property).