Company tax paid each year — Furnished flat-share in Melun — SCI à l’IS · ID 04SCI ISIS Ledger

The company is taxed as a whole. Each year its taxable base is what is new at the top of its running pool — what takes it above the highest level it had reached before, so any loss is carried forward — worked out on the Cumulative Pool page. The brackets: 15.00% on the first €42,500 of base in the year, 25.00% above.

Corporate tax (IS) rates set by law: 15% up to €42,500 of profit a year (under conditions: turnover below €10 million excluding VAT, capital fully paid up and at least 75% held by individuals), 25% above (CGI article 219). It is not a setting.

Year 25: company tax = 15.00% × min(€13,228.37, €42,500.00) + 25.00% × max(€13,228.37 − €42,500.00, €0) = €1,984.26 + €0.00 = €1,984.26.

Year 25: company tax so far = €28,050.75 + €1,984.26 = €30,035.00.

The company pays each year's tax at the end of that year, out of its savings account. That lowers next year's opening balance, and so next year's account interest — which is part of next year's taxable profit (the Taxable Profit page, Part 2). The tax never feeds back into the same year. The tax on a sale is worked out separately (Total company tax if you sell in year N).