Friday, 21 January, 2022

The IFI and the PFU reported 1 billion more than expected to the State coffers


The real estate wealth tax (IFI) and the single flat-rate levy (PFU) on capital income, implemented in 2018, yielded more than expected to public finances last year, the minister said on Wednesday (February 20th). of Public Accounts Gérald Darmanin.

The IFI, set up to replace the wealth tax (ISF), reported “1.25 billion euros”, or 400 million euros more than initially anticipated, said Gérald Darmanin, interviewed to the National Assembly by the general rapporteur of the Finance Committee Joël Giraud (LREM). The PFU of 30% on income from movable property, described as “flat tax”, for its part reported 3.45 billion euros by integrating the compulsory flat-rate levy (PFO) aligned with the rate of 30%, said the minister. . This is almost 600 million euros more than what had been planned.

Insufficient to make up for the elimination of the ISF

In its 2018 finance bill, voted in the fall of 2017, the government had entered 850 million euros in revenue for the IFI, i.e. 3.2 billion euros less than the income tax reported. fortune (4.1 billion in 2017). The draft budget also provided for 2.88 billion revenue for the 30% PFU, applied to all income from movable property, except Livret A, PEA (savings in shares) and life insurance contracts. of less than 150,000 euros kept for more than eight years.

These two reforms, intended to simplify the taxation of capital and to stimulate activity by encouraging the wealthiest taxpayers to invest in the economy, aroused much criticism within the opposition, who denounced “freebies” made to the richest.

(With AFP)

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Solidarity tax on wealth Taxation Tax on real estate wealth (IFI)

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