Income tax on pension supplements for retirees who raised at least three children
The 2014 Finance Act repealed 2° ter of article 81 of the General Tax Code, which exempted from income tax pension supplements for family responsibilities. The 10% supplement paid to retirees who raised at least three children became taxable from tax on 2013 income.
Measure originators
A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.
Measure impact
Retirees who are parents of at least three children must now declare their pension supplement. The Government estimated that the measure reduced tax expenditure by 1.2 billion euros, allocated to the pension branch from 2015.
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
Council of Ministers
Validation interne