French General Tax Code
In forceUnless the municipality or public inter-municipal cooperation body with its own tax system decides otherwise, in accordance with the conditions laid down in I of Article 1639 A bis, properties located in the priority urban policy neighbourhoods defined in article 5 of Law no. 2014-173 of 21 February 2014 programming for the city and urban cohesion are exempt from property tax on built properties for a period of five years.
For the exclusive application of this exemption, when the boundary of a district corresponds to a public road, the buildings located on each of the edges of this road are deemed to be located in the priority district.
The exemption applies to buildings existing on 1 January 2017 and attached on that same date to an establishment meeting the conditions to benefit from the exemption from business property tax provided for in I septies of Article 1466 A as well as buildings attached, between 1 January 2017 and 31 December 2023, to an establishment meeting the same conditions.
For properties attached to an establishment meeting the conditions to benefit from the business property tax exemption provided for in I septies of Article 1466 A, the benefit of the exemption is subject to the existence, on 1 January of the year of attachment, of the city contract provided for in article 6 of the aforementioned law no. 2014-173 of 21 February 2014.
The exemption applies from 1 January 2017 or from 1 January of the year following the year of attachment to a qualifying establishment, whichever is later.
It definitively ceases to apply from 1 January of the second year following the reference period, referred to in Article 1467 A, during which the taxpayer no longer meets the required conditions.
This exemption ceases to apply from 1 January of the year following the year in which the buildings are no longer used for a commercial activity.
In the event of a change of operator during an exemption period, the exemption is maintained for the remaining period and under the conditions laid down for the predecessor.
The exemption applies to the entire share due to each municipality or public establishment for inter-municipal cooperation with its own tax system.
When the conditions required to benefit from the exemptions provided for in articles 1383 A to 1383 I are met, the taxpayer must opt for one or other of these schemes before 1 January of the year in respect of which the exemption takes effect. The option is irrevocable and applies to all local authorities.
The reporting obligations of the persons and bodies concerned by the exemptions provided for in this article are set by decree.
The benefit of the exemptions is subject to compliance with Commission Regulation (EU) No 1407/2013 of 18 December 2013 on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimis aid.
