III: Tax base

The business property tax is based on the rental value of property subject to property tax located in France, excluding property exempt from property tax on built-up properties under 11°, 12° and 13° of Article 1382, which the taxpayer has used for the purposes of his professional activity during the reference period defined in Articles 1467 A and 1478, with the exception of those that have been destroyed or transferred…

Subject to II, III IV and VI of article 1478, the reference period used to determine the business property tax base is the penultimate year preceding the year of taxation or the last twelve-month financial year ending during that same year when that financial year does not coincide with the calendar year. .

I. – The base for the business property tax is reduced: 1° For agricultural cooperatives and unions of cooperatives and agricultural collective interest companies, by half; This reduction does not apply to: a) Agricultural cooperative companies, their unions and agricultural collective interest companies whose shares are admitted to trading on a regulated market or offered to the public on a multilateral trading facility subject to the provisions of II of…

I. – For the application of the provisions relating to the business property tax, with the exception of those provided for in Articles 1465 to 1465 B, the extension of an establishment means the net increase in the tax base compared with that of the previous year multiplied, as the case may be, by the annual flat-rate increase coefficient defined in Article 1518 bis or by the coefficient for the…