French General Tax Code
In forceI. - The basis of assessment for property tax on built properties for rental housing mentioned in Article L. 441-1 of the Construction and Housing Code, belonging to one of the bodies listed in article L. 411-2 of the same code or to a semi-public company and having benefited from an exemption provided for in articles 1384,1384 A, in IIa of Article 1385 or acquired before 1 January 1998 with a view to their rental with financial assistance from the State pursuant to 3° of l'article L. 831-1 of the French Construction and Housing Code, is subject to a 30% allowance when these dwellings are located in a priority urban policy district.
This allowance applies to dwellings whose owner, mentioned in the first paragraph of this I, is a signatory, in the districts concerned, of an urban contract provided for in article 6 of law no. 2014-173 of 21 February 2014 of programming for the city and urban cohesion and an agreement, appended to the city contract, concluded with the municipality, the public establishment for inter-municipal cooperation and the State representative in the department, relating to the maintenance and management of the stock and aimed at improving the quality of the service provided to tenants.
The agreement mentioned in the second paragraph of this I must be signed before 1st October of the year preceding that of the first application of the allowance.
The allowance applies to tax assessments drawn up in respect of the years 2016 to 2023, from the year following that of the signing of the city contract or, if later, that of the agreement mentioned in the second paragraph of this I.
II. - In order to benefit from the allowance provided for in I, the organisations concerned must send the tax department where the property is located, before 1st January of the year following the year in which the urban development contract is signed, a declaration in accordance with the model drawn up by the administration, containing all the information required to identify the property. It must be accompanied by a copy of the city contract. If the declaration is submitted after this date, the allowance applies for the period remaining after 31 December of the year in which the declaration was submitted. Each year, the organisations concerned send the signatories of the city contract and the citizens' council the documents justifying the amount and monitoring of the actions undertaken by these organisations to improve the living conditions of the residents in return for the allowance provided for in the same I.
II bis. - (Repealed).
III. - (Repealed).
IV. - (Repealed).
V. - I and II apply to housing held, directly or indirectly through a majority-owned subsidiary, by the Etablissement public de gestion immobilière du Nord-Pas-de-Calais created by Article 191 of Law no. 2000-1208 of 13 December 2000 relating to urban solidarity and renewal.
