2° : Industrial and commercial profits

I. – With regard to the taxation of industrial and commercial profits, an actual profit regime is instituted for small and medium-sized enterprises which includes lighter obligations. II. – (Repealed). III. – The scheme provided for in I is reserved for: a. By option, to companies normally placed under the scheme defined in Article 50-0 ; b. To other companies whose turnover for the previous calendar year does not exceed…

The option for the simplified tax regime for industrial and commercial profits may be exercised each year. New companies exercise this option within the deadlines set for filing the declaration concerning their first financial year or their first period of activity referred to in article 53 A or 1 of article 223 (1). This period also applies to new businesses wishing to be taxed under the ordinary law on actual…