Taxes in Europe Database v2
Articles 234 nonies to 234 quindecies of the General Tax Code (Code Général des Impôts).
From 2006 revenues on, the levy on rental income is only due by the firms subject to the corporate income tax, by non-profit organizations, by non-taxable legal entities or by partnerships in which at least one partner is subject to the corporate income tax.
The levy applies to income from the rent of accommodation situated in buildings that have been completed for at least 15 years on January, 1st of the fiscal year.
However, even buildings that have been completed for more than 15 years are not subject to the levy if they have been changed in the last 15 years in such a way as to match new constructions.
The levy on rental income is based on the net income received from the rent of accomodation during the fiscal year or exercise.
Super reduced rate
The levy on rental income has to be paid when the firm liquidates its corporate income tax (e.g. for a firm ending its accounting on December, 31th the tax is due by May, 15th of the following year). Legal entities which pay some corporate income tax must pay the CRL by an advance payment by December, 15th based on rental income of the previous exercise, and the remaining by May, 15th of the following year.
The levy on rental income has to be paid to the Tax General Directorate's accountant (comptable de la Direction Générale des Finances Publiques).