Two-point increase in the social levy on property and investment income (3.4% to 5.4%)

Article 2 of the amending finance act of 14 March 2012 raises the rate of the social levy on property income and investment income (Article L. 245-16 of the Social Security Code) from 3.4% to 5.4%. The increase applies to property income received from 1 January 2012 and to investment income paid from 1 July 2012. Designed as a resource for the 'social VAT', it was kept when the latter was repealed by the act of 16 August 2012, which changed its allocation between social security bodies. The total social levies on capital income then reach 15.5%.