Sunday, 16 January, 2022

Coronavirus: housing tax reform endangered by tax losses


Officially, the tax cuts planned from 2021 are not called into question. The disappearance of the housing tax, offset by an allocation of VAT for the departments, however seems weakened by the fall in tax revenues linked to confinement.

The year 2021 was to mark a first reduction in the housing tax for the 20% of the most affluent households.

“At this stage, the planned tax cuts are not called into question. “ This has been answered for several days by the entourage of the Minister of Action and Public Accounts, Gerald Darmanin, to questions about the continuation of Emmanuel Macron’s tax program, while the coronavirus epidemic will severely affect people. Public revenue.

In addition to the continued reduction in corporate tax, the year 2021 should mark a first reduction in housing tax for the 20% of the most affluent households, pending its disappearance by 2023. In any case, this is what was voted in the Finance law for 2020, after bitter discussions with local elected officials.

Officially, the tax cuts planned from 2021 are not called into question. The disappearance of the housing tax, offset by an allocation of VAT for the departments, however seems weakened by the fall in tax revenues linked to confinement.

The year 2021 was to mark a first reduction in the housing tax for the 20% of the most affluent households.

“At this stage, the planned tax cuts are not called into question. “ This has been answered for several days by the entourage of the Minister of Action and Public Accounts, Gerald Darmanin, to questions about the continuation of Emmanuel Macron’s tax program, while the coronavirus epidemic will severely affect people. Public revenue.

In addition to the continued reduction in corporate tax, the year 2021 should mark a first reduction in housing tax for the 20% of the most affluent households, pending its disappearance by 2023. In any case, this is what was voted in the Finance law for 2020, after bitter discussions with local elected officials.