2023-07-31 19:44:57
This Tuesday, August 1, is the last day for owners to declare their property(ies). Originally, the deadline had been set for July 31 but, following a computer problem, it was postponed to August 1. If companies will be entitled to an additional period – after that of one month granted at the end of June -, this will not be the case for individuals concerned by this new reporting obligation which is provided for by law (article 1418 of the General Tax Code). They therefore have less than 48 hours to comply.
What do you risk if you forgot to complete this task, more preoccupied with your summer activities, if you are on vacation at the start of the week? You incur a fine of 150 euros per accommodation. A sanction is also provided for erroneous, incomplete declarations or in the event of omission. But the General Directorate of Public Finance (DGFIP), which is piloting the system, has planned to be benevolent towards latecomers. “Taxpayers who have not completed their declaration by August 1 will receive a new reminder in the fall», entrusts to the Figarothe DGFIP which depends on the Ministry of Economy and Finance.
And if the owners have still not complied, they will have until the end of the year to fulfill their reporting obligation. “No sanction will be pronounced by December 31, 2023“, we say on the side of the tax administration which is delighted to see that the number of calls on the toll-free number of Public Finances is”back to normal“: around 30,000 calls per day on average in July.
No tax hike in sight
If no postponement has been granted to them, these 5 months without sanction can always be considered by private owners as an additional period. But the DGFIP hopes, however, that taxpayers will not wait until the end of the year to validate their declaration. Because this tax liability caused a lot of concern among the French. Some do not understand, for example, why the number of rooms in their dwelling, which appears on the declaration, is higher than in reality. The area retained by the tax administration (known as real) is different from that used by real estate agents (known as the Carrez law) because it is “measured on the ground between walls or partitions and rounded down to the nearest square meter». «This difference will have no impact on the housing tax that you may have to pay.“says Sandrine Majorel Delage, project director “Manage my real estate”.
In other words, the owners concerned do not risk any tax increase. “The idea is to make sure that the data we hold is always the right ones“, she adds. “The DGFIP has the notarial deeds in its hands, but there is no indication of the use that the new owners will make of them. (main, secondary or rented residences, editor’s note)”, adds Me Pauline Bourguignon, spokesperson for the Chamber of Notaries of Paris. However, unlike main residences, secondary residences are always subject to housing tax. To avoid a taxation error, the DGFIP has therefore implemented this new declaration. To those who fear having to pay a tax for a vacant dwelling against their will, know that you will be exempt, as provided by law.
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