Reminder of deadline: Local economic contribution on added value (CEL-VA)

Reminder of deadline: Local economic contribution on added value (CEL-VA)

Apart from those which are legally exempt, companies carrying out, on January 1 of the tax year, an activity subject to the local economic contribution, are subject to a contribution on the added value generated during the year preceding that. of taxation.

Depending on the business sector, the law has set out the income and expenses to be taken into account for the calculation of this added value, the taxable amount of which is capped at 70% of turnover.

The CEL-VA rate is set at 1%.

Note that the CEL-VA cannot be less than 0.15% of turnover for the year preceding that of the tax. This latter rate is reduced to 0.075% for taxpayers in low-margin sectors (e.g. resellers in the state of cement or cereals) or those in which prices are regulated (case of tenants-managers of service stations. ).

The # CEL-VA declaration must be made by April 30 of the tax year at the latest. It must be paid by July 31 of that year at the latest.

For any further information, contact the DGID or a Tax Council.

Find out more:  https://www.linkedin.com/posts/sojufisc_rappel-daezclaration-fiscalitaezlocale-activity-6782594747199500288-kGVN