French General Tax Code
In forceWhere the surface area of the construction within the meaning of 1° of article 1635 quater H and article 1635 quater I is greater than or equal to 5,000 square metres, the person liable for the development tax pays:
1° A first advance payment equal to 50% of the amount of the development tax;
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2° A second instalment equal to 35% of the amount of the development tax;
By way of derogation from II of article 1635 quater F, the development tax used to pay the instalments is calculated on the basis of the characteristics of the building as assessed on the date of the chargeable event.
The first and second instalments are payable in the ninth and eighteenth months respectively following the month in which the planning permission was issued.
The amount of these instalments is rounded up to the nearest euro. The amount is rounded off to the nearest euro; any fraction of a euro equal to 0.50 is counted as 1.
> They are deducted from the total amount of the planning permission. They are deducted from the final amount of development tax due. Where the amount of the chargeable sum is greater than the amount of the tax actually due, the excess is refunded.
The collection of each advance payment is subject to the same conditions. The recovery of each advance payment is the subject of a single collection voucher issued from the date on which it becomes due.
