Statement of Income Taxes: 2007 New

Help with the statement of income taxes: New 2007 Revenues for 2006.

The number of slices of the scale of taxation.
It is reduced to five instead of seven to compensate for the deletion of the 20% reduction until 2005, the tax rate of five new units is defined as follows: 0%, 5.5% 14%, 30% and 40%.

The premium for the job ..
The Finance Act 2007 establishes a monthly payment of the premium for employment with an annual adjustment. The scheme itself will be increased compared to 2006.

Property income.
The main change on the tax return for the removal of land for the reduction of 14%. In return, certain deductions such as property insurance are permitted. Note that some devices introduced by the government and especially the ministry of employment and social cohesion, Borloo Act or Act Robien example, allow a special tax exemption.

Tax cuts.
Measures on sustainable development and energy savings a tax cut until 2009 for clean vehicles and 2010 for investment in innovation funds or FIP.

Plan Epargne Logement (PEL).
Social security levies a housing savings scheme are now taken first to the tenth anniversary year of the ELP and then every year at the end of the year.

Protection of Natural Areas.
The Tax Administration admits that the deficits on property maintenance and improvement of some natural areas are tax deductible without limit amount.

Dependent Persons.
Accommodation expenses of dependent people in a specialized institution are tax deductible.

Capital SOFICA (Financing Companies Industry Cinema and Audiovisual).
Capital subscriptions SOFICA are not deductible but they are eligible for a tax cut.

The tax shield.
The tax shield allows the income tax not to exceed 60% of revenues last year. This includes the income tax itself, the solidarity tax on wealth (ISF) and the various taxes related to the main house.