L’à-valoir mentionné à l’article L. 731-22-1 of the French Rural and Maritime Fishing Code is deductible from the profit or loss for the financial year in which it is paid. However, when the taxable income for a financial year is higher than that of the previous financial year, the capital gain referred to in the first paragraph not paid at the end of the financial year is nevertheless deductible up…
I. – 1. Farmers subject to an actual taxation system may make a deduction for precautionary savings, the amount of which is capped, per twelve-month financial year: a) 100% of taxable profits, if less than €28,612; > b) To the sum of €28,612 plus 30% of the profit in excess of this limit, where it is greater than or equal to €28,612 and less than €52,985; c) To the sum…
I. The taxable profit of farmers subject to a real taxation system who benefit from start-up aid for young farmers provided for in article D. 343-3 du code rural et de la pêche maritime , is determined, for the first sixty months of activity, from the date the first aid is granted, after deduction of a deduction of 75% when the profit for the financial year is less than or…
The provisions of Article 42 septies are applicable to the start-up grant for young farmers provided for in articles D. 343-9 to D. 343-12 of the rural and maritime fishing code when it is allocated to the creation or acquisition of fixed assets.
In the event of the transfer or redemption of the rights of a shareholder, a natural person, in a company mentioned in article 8, who carries out an agricultural activity within the meaning of article 63 and which is subject to the mandatory system of taxation based on actual profits, income tax may be immediately assessed in the name of this partner for his share of the profits made since…
I. – Notwithstanding the provisions of Article L. 323-13 of the French Rural and Maritime Fishing Code, the contribution of an asset by a farmer to a Groupement agricole d’exploitation en commun constitutes a transfer within the meaning of 1 of article 38. II. – Without prejudice to the provisions of the fifth paragraph of 1 of Article 42 septies, of III of Article 73 of the second paragraph of…
The taxable profit of farmers placed under the simplified tax regime based on actual profit is determined in accordance with the provisions of articles 72 to 73 E subject to the following simplifications: a. Farm accounts only record receipts and payments on a daily basis; receivables and payables are recorded at the end of the financial year, except, at the operator’s option, for expenses relating to overheads, which are paid…
The income tax return filed under article 53 A farmers subject to the simplified tax regime based on actual profits, includes: 1° A simplified account showing the tax result determined in accordance with the conditions set out in Article 74; 2° A table of fixed assets and depreciation. These holdings are required to produce a simplified balance sheet in support of their income tax return; they are exempt from providing…
A decree sets out the conditions for application of articles 74 and 74 A. It also specifies: – the methods for determining taxable income as defined in article 74; – the conditions for exercising and the period of validity of the options provided for in Article 69; – the rules applicable in the event of a change of tax regime; – the nature and content of the documents that farmers…
1. The exceptional income of a farmer subject to a real taxation system may, by option, be attached, in equal fractions, to the results of the financial year in which it is realised and of the six following financial years. The provisions of I of article 163-0 A shall apply in respect of each of these financial years regardless of the amount of the fraction referred to in the first…
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is a Registered Trademark of
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75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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