1: Direct taxes and assimilated taxes. Income tax. Corporation tax. Duties and penalties

1. The advance payment calculated by the tax authorities under the conditions set out in Article 204 E is paid in twelfths no later than the 15th of each month of the year, in accordance with the procedures set out in Article 1680 A.

2. At the taxpayer's option, the advance payment is paid in quarters no later than 15 February, 15 May, 15 August and 15 November.

The option is exercised with the tax authorities, under the conditions set out in article 204 N, no later than 1 October of the year preceding that in which the option applies. It is tacitly renewed, unless terminated by the taxpayer within the same period as that for exercising the option.

3. Where articles 204 J, 204 K or 204 M, the amount of the advance payment to be paid or remaining to be paid is apportioned over the number of months or quarters remaining in the calendar year, depending on whether or not the taxpayer opts for quarterly payment.

4. The payments mentioned in 1 and 2 are rounded to the nearest euro. The fraction of a euro equal to 0.50 is counted as 1.

5. By way of derogation from 1 and 2, during the same calendar year and up to the portion of the advance payment corresponding to industrial and commercial profits, agricultural profits and non-commercial profits as well as the income mentioned in 1 bis, 1 ter and 1 quater of article 93 when they are taxed according to the rules laid down for salaries and wages, the taxpayer may request the deferral of payment of a maximum of three instalments to the next instalment, in the case of monthly payment, or of one instalment to the next, in the case of an option for quarterly payment. This request is taken into account for the instalment following the month in which the request is made. It may not result in any part of the payments due for the current calendar year being deferred to the following year.

6. Payments of less than €5 are not due.

7. In the event of non-payment, recovery of the advance payment is ensured and pursued according to the same procedures and under the same guarantees and securities as income tax. The income tax assessment used as the basis for calculating the advance payment shall be deemed to be an enforceable title for the purposes of prosecution following its non-payment.

8. The estate of any single, divorced or widowed taxpayer is exempt from payment of the advance.