French General Tax Code
In forceThe business property levy and additional taxes are collected by means of tax rolls in accordance with the procedures and under the guarantees and penalties laid down for direct taxation.
They give rise to the payment of a deposit, equal to 50% of the amount of taxes levied in respect of the previous year, before 1st April of the current year. The deposit is not due if this amount is less than €3,000.
The advance payment is due on 31 May. This advance payment is rounded to the nearest euro; the fraction of a euro equal to 0.50 is counted as 1.
A taxpayer who estimates that his tax base will be reduced by at least 25% or who plans to cease his activity during the year, within the meaning of I of l'article 1478, may reduce the amount of his advance payment by submitting a dated and signed declaration to the public accountant responsible for collecting the business property tax at the place of taxation, fifteen days before the date on which the advance payment is due.
Failing voluntary payment, the recovery of the instalments due is ensured and pursued under the conditions laid down for direct taxes by Title IV of the Book of Tax Procedures and subject to the guarantees and securities provided for by this code.
The balance is payable from 1st December. The balance of the tax is collected by means of tax rolls under the conditions set out in article 1663.
However, by way of derogation from the rules of the same article 1663, the remaining tax due is payable in full as soon as the rolls are assessed if all or part of an advance payment has not been paid by the 15th of the month following the month in which it became due.
Taxpayers may, under their own responsibility, reduce the amount of the business property tax balance by the amount of the rebate expected from the capping of the territorial economic contribution due in respect of the same year, by submitting a dated and signed declaration to the public accountant responsible for collecting the business property tax.
