French General Tax Code
In forceI. - Upon deliberation of general scope taken, each insofar as it is concerned, under the conditions provided for in l'article 1639 A bis, by the territorial authorities and their groupings with their own tax system, a rebate is granted on the property tax on undeveloped land relating to plots farmed by young farmers who set up on or after 1 January 1992 and who benefit from the start-up grant provided for by the decree no. 81-246 of 17 March 1981 as amended and by the articles D. 343-9 to D. 343-12 of the Rural and Maritime Fishing Code.
When young farmers are partners or become partners in a non-trading company during the five years following the year in which they set up, the rebate applies to the plots of land they contribute to the company or make available to it.
This tax relief is granted for a period not exceeding five years from the year following that in which the farmer sets up.
To benefit from this tax relief, the farmer must submit, before 31 January of the year following that in which he sets up, a declaration for each commune and for each owner of the plots farmed on 1 January of that year. For the following four years and in the event of changes to the parcels of land on the farm, the farmer must submit a declaration specifying these changes before 31st January of each year. Where these declarations are submitted after the deadline, the rebate is granted for the period remaining after 31 December of the year in which they are submitted.
The amount of the rebate benefits the farmer under the conditions provided for in article 1 of law no. 57-1260 of 12 December 1957.
These reductions are payable by local authorities and their groupings. They are deducted from the allocations mentioned in Article 34 of Law no. 77-574 of 7 June 1977 on various economic and financial provisions.
The decisions taken by local authorities and their groupings with their own tax system for the application of the above provisions also apply, from 1995, and under the same conditions, to young farmers who set up on or after 1 January 1994 and who benefit from the special medium-term loans provided for by the articles D. 343-13 to D. 343-16 of the Rural and Maritime Fishing Code.
II. - For young farmers who set up on or after 1 January 1995 and who receive the start-up grant for young farmers or the special medium-term loans provided for in articles D. 343-9 to D. 343-16 of the Rural and Maritime Fishing Code, a reduction equal to 50% of the property tax on undeveloped land relating to the plots they farm is granted for the five years following the year in which they set up. The reporting obligations and the beneficiary of this rebate are those mentioned in I.
The rebate granted in application of I for the plots farmed by these young farmers is set at 50%.
The rebate granted in application of I for the plots farmed by these young farmers is set at 50%.The rebate granted in application of I for the plots farmed by these young farmers is set at 50%.
