Overhaul of the capital gains exemption regime for property, with an inflation adjustment coefficient
Law 2026-103 replaces the system of progressive allowances (exemption after 22–30 years) with a new mechanism based on a monetary erosion coefficient indexed to INSEE inflation. Overall tax rates are reduced from 36.2% to 15% for sales after 2 years of ownership. Very long-term owners lose the previous exemption.
Measure originators
No official estimate found for this measure.
Measure impact
Full exemption from capital gains tax on property after 17 years of ownership instead of 22. Beneficial for owners of 10–17 years. Mixed impact due to the simultaneous CSG increase (+1.4 points).
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