2016 income tax scale and strengthened tax rebate (décote)
Article 2 of the 2016 Finance Act indexes the income tax brackets for 2015 income by 0.1% (14% from €9,700 to €26,791, 30% up to €71,826, 41% up to €152,108, 45% above), raises the cap on the family quotient benefit to €1,510 per half-share and changes the décote: it is now equal to €1,165 (single person) or €1,920 (couple) minus three quarters of the gross tax amount, instead of the full amount.
Measure originators
A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.
Measure impact
According to the prior impact assessment, the whole article (indexation and décote change) reduces income tax by €2.1 billion a year from 2016. Compared with a 0.1% indexation alone, the décote change benefits about 8 million households, of which 1.1 million become non-taxable or avoid becoming taxable.
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
Administrative implementation
Entrée en vigueur de la mesure et mise en œuvre par l'administration
Possible referral to Constitutional Council
Décision de conformité / censure partielle
President of the Republic signature
Publication au Journal officiel
National Assembly has the final say
Si échec CMP
Council of Ministers
Validation interne