1: Definition of industrial and commercial profits

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…