French General Tax Code
In forceI. - In the interval between two general reviews, the rental values defined in I and II of article 1496 and article 1497, as well as those for commercial premises mentioned in article 1501 and those for non-built properties and land and soil for industrial or commercial use, are updated every three years using coefficients corresponding to the change in these values between the reference date of the last general revision (1) and the date used for the update. However, as far as undeveloped properties are concerned, until the first six-yearly review, account will be taken of changes in rental values since 1st January 1961.
II. - The coefficients referred to in I are set, for undeveloped properties, by departmental agricultural or forestry region and by group or sub-group of type of crop or property and, for developed properties, by geographical sector and by type or category of property.
The coefficients are set by the competent State authority, following the opinion of a departmental consultative commission on property valuations, the composition of which includes representatives of local authorities and public establishments for inter-communal cooperation with their own tax status, as well as taxpayers, and is determined by an order of the minister responsible for the budget (2). The coefficients are notified to the mayors of the municipalities concerned and to the presidents of the public establishments for inter-municipal cooperation for their own tax purposes. After application of the posting procedure under the conditions provided for in article 1510 they may, within thirty days, be the subject of an administrative appeal by the mayor or the taxpayers' representatives sitting on the advisory commission. This appeal is made to the commission set up by Article 1651, which shall take a final decision.
II bis. - For the application of the present article, the rental value of all premises used for residential purposes or used for the exercise of a salaried activity in the home may be updated using a single coefficient for each department.
II ter. - (Repealed)
III. - The incorporation into the rolls of direct local taxes, other than business tax, of the results of the first updating of property rental values is set at 1st January 1980. The reference date is set at 1 January 1978.
For this first update:
- the rental values of land and industrial buildings assessed on the basis of cost price in accordance with articles 1499,1499 A and 1501, are increased by one third;
- the rental value of all residential premises may be updated using a single coefficient per department.
The provisions relating to business tax provided for in the first paragraph are applicable for the establishment, from 2010, of business property tax assessments.
IV. - The updates of property rental values provided for 1983 and 1986 are replaced by a flat-rate revaluation under the conditions provided for in article 1518 bis.
V. - The updating of property rental values provided for 1988 by III of article 29 of law no. 86-824 of 11 July 1986 is replaced by a flat-rate revaluation carried out under the conditions laid down by article 1518 bis.
