4: Income from receivables, deposits and guarantees

Sont considérés comme revenus au sens du présent article, lorsqu’ils ne figurent pas dans les recettes provenant de l’exercice d’une profession industrielle, commerciale, artisanale ou agricole, ou d’une exploitation minière, les intérêts, arrérages, primes de remboursement et tous autres produits : 1° Des créances hypothécaires, privilégiées et chirographaires, à l’exclusion de celles représentées par des obligations, effets publics et autres titres d’emprunts négociables entrant dans les prévisions des articles 118…

Profits realised by taxpayers who make deferred investments constitute debt income subject to income tax under the conditions set out in articles 125 and 125 A.

The taxation regime for gains derived by natural persons from disposals made directly or through intermediaries, of debt securities negotiable on a regulated market pursuant to a specific legislative provision and not likely to be listed, follows that of the proceeds of such securities. The provisions of the first paragraph apply to disposals of units in debt mutual funds whose term on issue is less than or equal to five…

The amount of the gains mentioned in Article 124 B is set in accordance with the conditions set out in the first paragraph of 1 and 2 of Article 150-0 D. However, the costs of acquisition for valuable consideration may not be determined on a flat-rate basis. For the determination of net gains from the sale of bonds or contracts mentioned in I of article 125-0 A, the acquisition price…

The debt securities referred to in the first paragraph of article 124 B must be registered in an account or nominative deposit with the persons referred to in article 242 ter for the assessment of income tax. The persons mentioned in article 242 ter must then provide the administration with all the information required to establish the tax, and taxpayers must also provide them with the amount of the disposals…

The conditions of application of articles 124 B to 124 D are set by decree (1). (1) See Annex III, art. 41 duodecies J to 41 duodecies P.

Income is determined by the gross amount of interest, arrears, redemption premiums or any other proceeds from the securities designated in article 124. Tax is due by the sole fact, either of the payment of interest, however made, or of its entry in the debit or credit of an account. In the case of capitalisation of interest on the sale price of a business, the taxable event is deferred to…

The capital loss incurred by a natural person in the management of his private assets, in the event of non-repayment of a loan granted under the conditions provided for in article 7 of article L. 511-6 of the Monetary and Financial Code or of a free loan mentioned in article L. 548-1 of the same code is chargeable, from the year in which the lender’s claim becomes definitively irrecoverable within…