The Dutreil II Act, also known as the Dutreil Law II, is a French tax law that was enacted in 2006 with the aim of promoting the transfer of family-owned businesses. This act allows for a significant reduction in inheritance and gift taxes for individuals who transfer their business to a family member or a third party, as long as certain conditions are met. These conditions include maintaining the business for at least two years and keeping at least 20% of the shares in the company. The Dutreil II Act aims to support the continuity and growth of family businesses, which are an important part of the French economy.