A: Tax regimes

I. When the average income of a farmer, for all of his farms, exceeds €91,900, excluding tax, over three consecutive years, the person concerned is compulsorily taxed according to a real system of taxation from the taxation of income for the first year following the three-year period in question. II. A simplified tax regime applies to small and medium-sized farmers subject to income tax: a. By option, to farmers normally…

Persons who carry out commercial import, sale, commission and brokerage operations involving live butchery and charcuterie animals, as well as those who carry out commercial purchase operations involving butchery and charcuterie animals, are subject to the system of taxation based on actual profits for the profits they make, either personally or as members of a company not subject to corporation tax, in the course of their farming activities, regardless of…

Companies engaged in agricultural activity, other than those mentioned in article 71, created as from 1st January 1997 and whose results are taxed under the conditions provided for in l’article 8, are subject to the system of taxation based on actual profits. However, limited liability farms where the sole shareholder is a natural person managing the farm may benefit from the tax regime mentioned in article 64 bis.

Farmers who carry out an activity mentioned in the fifth or sixth paragraph of Article 63 are subject to an actual taxation system. The same applies to farmers all or part of whose assets allocated to the business are included in a fiduciary estate pursuant to a trust transaction defined in Article 2011 of the Civil Code.

For the application of articles 69, 69 C, 69 D , and 72, account shall be taken of revenue generated by companies and groupings not subject to corporation tax of which the taxpayer is a member, in proportion to his rights in the accounting profits of these companies and groupings. However, the tax treatment of such companies and groupings remains determined solely by the total amount of their revenue. For…