The creation of a new income tax is under study. The reflection is even well advanced.
It was a flammable subject a few months ago and the file is not completely closed. While the French will soon be called upon to fulfill their income tax return, the question of the amount of taxes is still as sensitive. For a while, an increase in certain forms of taxation had been envisaged, before being planed to avoid the vast majority of taxpayers to pay more.
However, the idea of reviewing part of the income tax has not been abandoned. The ideas and discussions of the last months have emerged various tracks. Among them, that of creating a new tax for a minimum amount of heritage to be automatically paid to the taxman.
The announcement was made a few days ago by Amélie de Montchalin. The current Minister of Public Accounts -Madame taxes – explained floor on “a minimum differential tax”. Behind this term hides a clear will. “The idea is to ensure that the amount of taxes already paid – income tax, CEHR, IFI and PFU – that is at least 0.5 % of your assets,” said the Minister to the Echo.
Clearly, this system wants to prevent tax optimization and forcing certain taxpayers to pay the tax authorities at least 0.5% of their assets. Some, because not all households would be affected. Only those with heritage of at least 1.3 million euros would be a priori Concerned (excluding professional goods), detailed the minister, indicating that the threshold chosen for an application of the measure would be “close to the IFI (tax on real estate wealth)”.
Suffice to say that the vast majority will not be affected by this minimum tax. According to the latest figures from the Directorate General of Public Finance, 176,000 households are liable for IFI. And it would only be part of these taxpayers, the amount of taxes of which is less than 0.5% of their assets. Or a fringe of this already restricted category. Often the very rich who use these tax optimization mechanisms to pay less to the Treasury. The project will be presented in more detail by the end of April.