4 : Smoothing or spreading devices

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…

At the option of taxpayers with agricultural profits subject to an actual taxation system, the agricultural profit used as the basis for the progressive tax is equal to the average of the profits for the tax year and the two previous years. In calculating this average, no account is taken of losses carried forward. The option is valid for the year in respect of which it is exercised and for…

I.-At the request of the farmer, the income tax relating to the following income is assessed each year in fifths for the year of cessation and the following four years: 1° The sums deducted in application of articles 72 D, 72 D bis, 72 D ter and 73, which have not yet been used and added to the immediately taxable profit for the year in which the company ceases to…

The income from ancillary activities falling within the category of industrial and commercial profits and that of non-commercial profits earned by a farmer subject to an actual taxation system may be taken into account in determining agricultural profits when, in respect of the three calendar years preceding the date on which the financial year begins, the annual average of ancillary commercial and non-commercial income for these three years does not…