Each member of ship co-ownerships governed by articles L. 5114-30 to L. 5114-50 of the Transport Code is personally liable for income tax on the share corresponding to his rights in the profits declared by the co-ownership.
Each member of the co-ownerships of racehorses or stallions who comply with the conditions mentioned in article 238 bis M is personally subject to income tax on the share corresponding to his rights in the results declared by the co-ownership. For the application of these provisions, the articles of association and operating procedures of stallion co-ownerships must comply with standard articles of association approved by decree.
If the taxpayer has a single residence in France, tax is assessed at the place of that residence. If the taxpayer has several residences in France, he is liable for tax at the place where he is deemed to have his main establishment. Individuals carrying out activities in France or owning property there, without having their tax domicile there, as well as the persons designated in 2 of article 4…
When a taxpayer has moved either his residence or the place of his main establishment, the assessments for which he is liable in respect of income tax, both for the year in which the change occurred and for previous years not affected by the statute of limitations, may validly be assessed at the place of taxation that corresponds to his new situation.
The tax is due each year on the basis of the profits or income that the taxpayer makes or has at his disposal during the same year.
1. The taxable profit or income consists of the excess of the gross proceeds, including the value of profits and benefits in kind, over the expenditure incurred in acquiring and maintaining the income. 2. The annual net overall income used as a basis for income tax is determined by totalling the net profits or income mentioned in I to VI of the 1st sub-section of this section as well as…
Subject to the provisions of Article 15, are included in the property income category, when they are not included in the profits of an industrial, commercial or craft business, a farm or a non-commercial profession : 1° Income from built properties, such as houses and factories, as well as income: a From the tools of industrial establishments attached to the land in perpetuity, under the conditions indicated in the first…
Income distributed by a real estate investment fund mentioned in article 239 nonies in respect of the fraction of income mentioned in 1° of article L. 214-51 of the Monetary and Financial Code, with the exception of the fraction relating to rental income from furnished property, relating to the assets mentioned in 1° and 2° of I of Article L. 214-36 of the same code, with the exception of furnishings,…
Items of income covered by this I that have been waived or relinquished by the lessor to the lessee company between 15 April 2020 and 31 December 2021 under the conditions and within the limits mentioned in 9° of 1 of article 39 do not constitute taxable income for the lessor. The application of this article does not prevent the deduction of expenses corresponding to income items that have been…
I. – (Repealed). II. – Income from dwellings where the owner reserves the use of the property is not subject to income tax. This exemption also applies to premises included in agricultural holdings and allocated to the dwellings of the owner-managers.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
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Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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