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One in five municipalities will increase property tax beyond inflation in 2023


Highlights: 19% of the property tax in France will be increased this year. The increase will be indexed to inflation. The tax is one of the few levers left to be used by the French government. The rest of the tax is to be paid by those who have paid it in the past. The new tax rate will be introduced in January 2015. The first increase is expected to be in April 2015, the second in May 2015, and the third in June 2015. It will be in line with inflation, which has been rising for years.

The president of the Association of Mayors of France has however acknowledged that "the land levy" will automatically increase in the

The president of the Association of Mayors of France (AMF), David Lisnard, announced on Wednesday that 19% of municipalities will increase the property tax this year, while stressing that it will be indexed to inflation for all of them.

"There are 19% of municipalities that will increase their property tax rate, so 81% of municipalities that will not increase it," said the mayor Les Républicains de Cannes on Radio J, asked about this tax which is one of the only tax levers still available to mayors since the abolition of the housing tax on main residences.

An increase indexed to inflation in all municipalities

The president of the AMF has however acknowledged that "the property levy" will automatically increase in all municipalities "because it is readjusted by the amount of inflation".

The increase in property taxes has given rise to controversy between municipalities and the government, such as Paris where their 52% increase wanted this year by PS mayor Anne Hidalgo has been criticized by ministers Clément Beaune and Gabriel Attal, who are believed to have municipal ambitions in 2026.

" READ ALSO Increase in property tax in Paris: what impact on the real estate market?

According to the National Union of Property Owners (Unpi), the property tax as a whole (base and rate) increased by an average of 4.7% between 2021 and 2022 in the country's 200 largest cities.

Source: leparis

All business articles on 2023-05-31

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