LMNP depreciation added back into capital gains
Depreciation deducted under non-professional furnished letting (LMNP) is now added back when calculating the capital gain on resale of the property, thereby increasing the taxable base
Measure originators
A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.
Measure impact
Depreciation deducted during the holding period now reduces the acquisition price, increasing the taxable capital gain. The micro-BIC regime and serviced residences (students, seniors) are excluded from this reform. Holding-period allowances continue to apply.
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)
Council of Ministers
Validation interne