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Property tax: the bill is expected to increase by at least 3.8% in 2024

2023-12-01T19:00:14.338Z

Highlights: Property tax is expected to rise by at least 3.8% in 2024. The tax base, which tracks the consumer price index, will rise further. The Harmonised Index of Consumer Prices (HICP) determines each year the rate of revaluation of the rental bases used to calculate property tax. The final figure is expected in mid-December, with a mechanical increase of 4.2% being suggested by INSEE. The bill will also be increased by 3.7% in 2015 and 4.1% in 2016.


The tax base, which tracks the consumer price index, will rise further in 2024. Not to mention the revaluation of the vo


While the latest estimates suggested a mechanical increase in property tax of 4.2%, it should ultimately be a little lower. The Harmonised Index of Consumer Prices (HICP), which determines each year the rate of revaluation of the rental bases used to calculate property tax, was 3.8% year-on-year in November, according to provisional data from INSEE. The final figure is expected in mid-December.

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Source: leparis

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