GAEC farming partnerships: partners of retirement age count again in per-partner thresholds
For GAEC farming partnerships, Article 71 of the CGI (General Tax Code) multiplies some limits and thresholds of the farm profits tax regime by the number of partners. The 2026 budget act removes the exclusion of partners who, on the first day of the financial year, are older than the age at which they can draw a pension: they are now counted.
Measure originators
No official estimate found for this measure.
Measure impact
Concerns GAECs with partners of retirement age: per-partner thresholds and ceilings (tax regime, capped farm schemes) are calculated including these partners, from the tax due for 2026.
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
President of the Republic signature
Publication au Journal officiel
Administrative implementation
Entrée en vigueur de la mesure et mise en œuvre par l'administration