Measures concerning companies
Income tax
Continuation of the reduction in the corporate tax rate
Creation of a research collaboration tax credit
As of January 1, 2022, alignment of the treatment of expenditure outsourced to public bodies with that of expenditure outsourced to approved private bodies:
- Elimination of the doubling of the CIR base for R&D expenditure outsourced to public bodies
- Implementation of an alternative tax system intended to maintain public-private research collaboration: the research collaboration tax credit (CICo)
Presentation of CICo
- R&D expenditure entrusted to research and knowledge dissemination organizations approved by the Ministry of Higher Education, Research and Innovation (MESRI)
- As part of an effective research collaboration: joint support of the research project, by the company and one or more research organizations, based on the sharing of risks and results (≠ subcontracting)
- CICo rate: - 50% for SMEs - 40% for other companies (ETI and large companies)
- Ceiling of eligible expenditure: € 6 million
- Cannot be combined with the CIR • The excess tax credit constitutes a debt, which is immediately refundable for certain companies (SMEs in particular)
The CICo is effective for expenses invoiced under collaboration contracts concluded between January 1, 2022 and December 31, 2025.
Evolution of the Innovation Tax Credit (CII)
- Elimination of the lump sum for operating expenses which had hitherto been included in the base of costs eligible for the CII to ensure its compatibility with European state aid regulations (lump sum set at 43% of staff costs +75 % of depreciation charges relating to fixed assets allocated to research activities)
- In return, the common law rate of the CII would be raised to 30%, and the increased rate Overseas to 60%, for expenses incurred from January 1, 2023.
- Extension of the system until December 31, 2024
Young innovative companies: adjustment of the age criterion
COVID-19 aids
Fixed costs rebound aid
Rent aid
Closure help
Help reinforcement
Solidarity fund & fixed cost aid
The independent plan
Simplify social protection for the self-employed
Better protection of the collaborating spouse
Transitional status limited to 5 years
- To avoid economic dependence
- To open up the perspective to higher social rights
After 5 years, the spouse continuing to work in the company chooses
- For the status of employed spouse
- Or for that of associated spouse
Spouse who is 67 years old by 31/12/2031 at the latest
- Possible maintenance of the status until retirement rights are liquidated
- Partner status as of 31/12/2021
The 5-year period does not begin until January 1, 2022
Promote the transfer of businesses and know-how
Adjustment of the retirement allowance
Adjustment of the “retirement” allowance - Companies subject to income tax (article 151 septies A CGI)
The 2-year period is extended to 3 years:
- For executives who have asserted their right to retirement (“retirement”) between January 1, 2019 and December 31, 2021.
- If retirement precedes cession.
Sale of shares in SMEs subject to corporate tax: article 150 OD ter
The system is extended for 2 years, i.e. applicable to disposals made until December 31, 2024.
The 2-year period is extended to 3 years:
- For executives who have asserted their right to retire ("retirement") between January 1, 2019 and December 31, 2021
- If retirement precedes transfer
Measures concerning individuals
News on the abolition of the housing tax:
- Continuation of the housing tax reform initiated in 2018
- 65% reduction for tax households not yet exempt in 2022
- Total abolition of the housing tax on December 31, 2022 for main residences (the abolition does not apply to secondary residences)
- For monthly households: it is possible to request the downward adjustment, monthly payments, on the "special area" online