Profit after allowed deductions — Furnished flat-share in Melun — SCI à l’IS · ID 04SCI ISTaxable Profit

Year 25: compte courant interest deducted in full (no legal cap set) = €2,990.25. (the compte courant page, Part 2)

Account interest — Year 25: €168,710.49 × 4.00% = €6,748.42. (the savings account page, Part 2)

Year 25: taxable profit = €11,970.21 − €2,990.25 + €6,748.42 − €2,500.00 = €13,228.37.

The company tax is paid at the end of each year, out of the savings account. The account earns interest on its opening balance — last year's closing, after last year's tax was paid. So last year's tax lowers this year's interest, and so this year's taxable profit; this year's tax only affects next year. The loop between the tax and the interest is one year long — never inside a single year.

Year 25: the account opens at €168,710.49 = Year 24's closing, after the company tax for Year 24 (€1,912.99) was paid out of it at the end of that year. It earns €6,748.42 this year (the savings account page, Part 2). This year's tax (€1,984.26) is paid at the end of Year 25, so it lowers Year 26's opening — the tax and the interest never depend on each other within the same year.

Next step: the taxable profit is added into a running pool (with the purchase fees and declared repairs deducted once, in Year 1) — the Cumulative Pool page.