Cotisation Foncière des Entreprises
What is it?This November, many of Haute-Vienne’s accommodation providers have received their Cotisation Foncière des Entreprises (CFE) notices. What is the Cotisation Foncière des Entreprises (CFE)? The Cotisation Foncière des Entreprises (CFE) is a local tax payable by all companies and individuals carrying on a non-salaried professional activity on January 1st (unless otherwise exempted). It applies to sales in the year N-2, and must be paid by December 16 at the latest. It is possible to apply for a tax exemption or reduction. Exemption can be automatic or optional (on request, with local authority approval).
Espace Pro VisitlimousinExemptions
Cases of automatic exemption (unless otherwise decided by the commune or EPCI):
- in the 1st year of business creation (until December 31) If sales do not exceed €5,000/year;
- a lessor of star-rated furnished tourist accommodation whose furnished accommodation is related to a personal dwelling (primary or secondary residence);
- a chambre d’hôtes (bed and breakfast) lessor, since these premises are considered as a personal residence (principal or secondary residence).
See article 1459 of the French General Tax CodeOptional exemptions (subject to approval by the beneficiary communities): an initial selection has been made to isolate cases specific to Haute-Vienne. Find all cases HERE
- Zones d’aide à finalité régionale (ZAFR) Determine your eligibility
- Zone d’aide à l’investissement des petites et moyennes entreprises Determine your eligibility
- Rural revitalization zones Determine your eligibility
- Sensitive urban zones and priority city districts (for certain districts of Limoges)
If you are eligible for an exemption, you must apply for it on declaration no. 1447-M-SD or appendix no. 1447-E, as appropriate.More info : Flat-rate tax on network companies
Tax rebates
The CFE is one of the two components of the Contribution Economique Territoriale (CET), along with the Cotisation sur la Valeur Ajoutée des Entreprises (CVAE). Calculation method: CET = CFE + CVAE. The Cotisation Economique Territoriale (CET) is capped: you can apply for a rebate when the sum of the CFE and the CVAE exceeds 1.531% of added value. The calculation of the partial rebate differs depending on whether you are using the actual or micro-bic tax system. You must apply for the rebate no later than December 31 of the following year (rebate application for 2022 must be made no later than December 31, 2023). Find out more: Capping the territorial economic contribution (CET )
