Tax on high rents for dwellings of 14 m² or less in tight housing markets
The 2012 Finance Act created an annual tax payable by landlords of dwellings with a living area of 14 m² or less, let furnished or unfurnished for at least nine months in the municipalities with the tightest rental markets, when the monthly rent excluding charges exceeds a reference amount set by decree between €30 and €45 per m². The rate ranges from 10% to 40% of rents received depending on the gap between the rent charged and the reference rent.
Measure originators
No official estimate found for this measure.
Measure impact
Affects owners of very small dwellings let in tight markets above the regulatory threshold. Rates: 10% if the gap is below 15%, 18% between 15% and 30%, 25% between 30% and 55%, 33% between 55% and 90%, 40% above. Applies to rents received from 1 January 2012; the tax is not deductible from taxable income.
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
National Assembly has the final say
Si échec CMP
Debate and vote
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