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Home » Agricultural profits, Agricultural profits » Taxation of Agricultural profits received by individuals domicilied in France

Taxation of Agricultural profits received by individuals domicilied in France

Agricultural profits include in principle all income that farmers, tenant farmers or working owners derive from the operation of rural property. Generally speaking, agricultural profits include income derived from crop farming, livestock farming, forestry and the sale of biomass or energy mostly derived from farming.

There are three regimes – notional, simplified actual profit and normal actual profit – depending on the amount of revenue. The profits of smallholdings are taxed on a notional basis, while those of the largest farms are taxed under the normal actual profit regime.

Source: French Tax Office

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Posted by on Jul 30 2010. Filed under Agricultural profits, Agricultural profits. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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