For the purposes of determining the taxable property income of persons liable for value added tax on the rental of their buildings, gross receipts and deductible expenditure relating to the buildings are taken at their amount exclusive of value added tax.
Rents and services of any kind that constitute the price of a rehabilitation lease concluded under the conditions provided for by articles L. 252-1 to L. 252-4 of the Code de la construction et de l’habitation (Building and Housing Code) have the status of property income within the meaning of the article 14. However, the income represented by the value of construction, reconstruction or extension work carried out by the…
For the purposes of income tax, profits made by natural persons from the exercise of a commercial, industrial or craft profession are deemed to be industrial and commercial profits. The same applies, under the same conditions, to profits made by mining concessionaires, amodiataires and sous-amodiataires of mining concessions, holders of mining permits and explorers of oil and fuel gas mines. By way of exception to the provisions of the first…
I. – For the purposes of income tax, the profits made by the following natural persons are also deemed to be industrial and commercial profits: 1° Persons who, on a regular basis, purchase, in their own name, with a view to reselling them, buildings, businesses, shares or units in property companies or who, on a regular basis, subscribe, with a view to reselling them, to shares or units created or…
Income distributed by a real estate investment fund mentioned in l’article 239 nonies du présent code au titre de la fraction du résultat mentionné au 1° de l’article L. 214-51 of the Monetary and Financial Code relating to the assets mentioned in 1° and 2° of I of Article L. 214-36 of the same code, held directly or indirectly by this fund, which are in the nature of real estate…
I. – Persons who rent or sublet one or more rooms in their principal residence on a furnished basis until 15 July 2024 are exempt from income tax on the proceeds of this rental provided that the rooms rented constitute the principal residence or temporary residence of the tenant or subletter on a furnished basis, provided that the tenant or subletter can provide evidence of a contract entered into pursuant…
Individuals who sell electricity produced from installations with a power output not exceeding 3 kilowatts peak, which use the sun’s radiative energy, are connected to the public network at no more than two points and are not used for professional purposes are exempt from income tax on the proceeds of these sales.
Included in the total income used as a basis for income tax are profits obtained during the year of taxation or during the twelve-month period whose results were used to draw up the last balance sheet, where this period does not coincide with the calendar year.
If the financial year ending in the year of taxation extends over a period of more or less than twelve months, the tax is nevertheless assessed on the basis of the results of that financial year. If no balance sheet is drawn up in the course of any year, the tax due in respect of the same year is assessed on the profits of the period elapsed since the end…
1. Subject to the provisions of Articles 33 ter, 40 to 43 bis and 151 sexies, taxable profit is net profit, determined on the basis of the overall results of operations of any kind carried out by companies, including in particular disposals of any assets, either during or at the end of the business. 2. Net profit is the difference between the value of net assets at the beginning and…
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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