VIIb: Capital gains on the sale for valuable consideration of property or rights of any kind

I. – The gross capital gain realised on the property or rights mentioned in articles 150 U , 150 UB and 150 UC is reduced by an allowance set at: – 6% for each year of ownership beyond the fifth; – 4% in respect of the twenty-second year of ownership. The gross capital gain realised on the property or rights mentioned in article 150 UA is reduced by an allowance…

I. – The gross capital loss realised on the property or rights designated in articles 150 U to 150 UC is not taken into account. II. – In the event of the sale of a property acquired by successive fractions recorded in the same deed subject to publication or registration and between the same parties, the gross capital loss or losses, reduced by an allowance calculated under the same conditions…

I.-An allowance is applicable to capital gains, determined under the conditions set out in Articles 150 V to 150 VD, resulting from the transfer of built-up real estate or rights relating to the same property, located for all or part of their surface area within the perimeters of major urban planning operations set by the deed mentioned in second paragraph of article L. 312-4 of the town planning code or…

I. – The income tax corresponding to the capital gain realised on the property or rights mentioned in articles 150 U to 150 UC is paid by the individual, company or group that transfers the property or right. I bis. – The income tax corresponding to the capital gain realised on the units mentioned in a of II of article 150 UC is paid by the paying institution on behalf…

I. – A declaration, in accordance with a model drawn up by the administration, records the items used to calculate the income tax relating to the capital gain and, where applicable, the items used to calculate the income tax relating to the capital gain deferred for taxation and determines the total amount of tax due in respect of the disposal made. It is filed: 1° For disposals of assets mentioned…

I. – The income tax relating to the capital gain realised on the assets mentioned in articles 150 U to 150 UC is paid when the declaration provided for in article 150 VG. If applicable, the rules of payability and recovery provided for in Title IV of the Book of Tax Procedures shall be applied for taxes recovered by the competent public accountants. II. – The income tax relating to…