Abolished in 2018, the wealth tax was replaced by the property wealth tax (IFI). Comprehensive statistics on the old wealth tax have recently been released by the tax authorities. These figures are based on the detailed forms of taxpayers declaring more than 2.3 million euros in wealth - those declaring between 1.3 and 2.3 million euros followed a simplified procedure via the income declaration. These elements make it possible to carry out a post mortem assessment of this tax which brought together a number of faults in French taxation.
A mapped and capped tax
The wealth tax was an increasingly mite and corseted tax. The tax reductions weighed 860 million euros, thus canceling 14% of this tax in 2017. As a result, the revenues of the ISF were thus reduced from 6.4 to 5.5 billion euros this year- the. However, it is the ISF cap which has slowed the heavier bill for taxpayers. Especially when François Hollande restored, in 2013, the six
This article is for subscribers only. You still have 80% to discover.
Subscribe: € 1 for 2 months
cancellable at any time
Enter your emailAlready subscribed? Login
