The Limited Times

Now you can see non-English news...

Property tax: why it will increase again this year

2024-03-08T17:47:29.608Z

Highlights: Property tax is the only local tax owed by individuals since the disappearance of the housing tax on the main residence at the turn of the 2020s. The approximately 34 million owners subject to property tax will all see the bill increase by at least 3.9%. This corresponds to the revaluation of rental bases, indexed to the harmonized consumer price index (HICP) One of the five largest increases over the last forty years but almost half as high as the historic 7.1% in 2023.


Municipalities and intermunicipalities have until April 15 to vote on property tax rates and transmit them to the tax authorities. The increase will be


Everyone will pay more.

But some even more than others.

Every year, it is the eternal restart of the property tax, the tax that all owners must pay in the fall.

This is now the only local tax owed by individuals since the disappearance of the housing tax on the main residence at the turn of the 2020s.

In detail, the approximately 34 million owners subject to property tax will all see the bill increase by at least 3.9%.

This corresponds to the revaluation of rental bases, indexed to the harmonized consumer price index (HICP).

One of the five largest increases over the last forty years but almost half as high as the historic 7.1% in 2023.

Subscribe

Already subscribed?

To log in

Source: leparis

All business articles on 2024-03-08

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.