1: Definition of taxable income

The salaries paid to apprentices with a contract that meets the conditions laid down by the French Employment Code, as well as the bonus mentioned in article L. 124-6 of the French Education Code paid to trainees during an internship or period of on-the-job training are exempt from income tax up to the annual amount of the minimum growth wage. This provision applies to the apprentice or trainee who is…

The following are exempt from tax up to an annual limit of €460: 1. (Not applicable); 2. The amount of deductions made from wages in connection with the subscription of shares issued by sociétés coopératives de production and intended exclusively for their employees, under the conditions laid down by Articles 35 to 44 of Law no. 78-763 du 19 juillet 1978 portant statut de ces sociétés.

I.- The remuneration, increases and elements of remuneration mentioned in I and III of article L. 241-17 of the social security code are exempt from income tax, under the conditions and limits set out in the same article L. 241-17 and up to an annual limit equal to €7,500. II.-(Repealed). III.- The benefit of the exemption provided for in this article is subject to compliance with the condition set out…