Tax credit for the modernisation of collection (CIMR) - 'Blank' tax year
2018 'blank' tax year with the Crédit d'Impôt Modernisation du Recouvrement (CIMR) to avoid double taxation during the switch to withholding at source. Ordinary 2018 income is neutralised for tax purposes
Measure originators
No official estimate found for this measure.
Measure impact
The CIMR cancels the tax on ordinary 2018 income (salaries, pensions, regular property income) to avoid paying both the tax on 2018 and the withholding tax on 2019. Exceptional 2018 income remains taxed. Estimated cost of €6bn for the State.
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
President of the Republic signature
Publication au Journal officiel
Debate and vote
Débat et vote en séance publique à l'Assemblée nationale, ou engagement de la responsabilité du Gouvernement (article 49.3)