Industrial and commercial benefits

Industrial and commercial profits correspond to a category of income tax .

If you want to know more about the characteristics and the calculation of turnover , do not hesitate to read our dictionary article.

The income concerned is that resulting from industrial, commercial or craft activities.

Characteristics of industrial and commercial profits (BIC)

BICs are therefore a category of income on tax. The income of natural persons or partnerships from industrial, commercial or craft activities is concerned.

Are also imposed:

  • The profits of people who rent a commercial or industrial establishment (furniture included), people who rent furnished accommodation, and people who rent business assets under lease management.
  • People who buy business, stocks, buildings, both in the usual way, but also to resell them.

Who is subject to BIC?

Only a few people are subject to BIC:

  • The unique partners of EURL
  • Individual entrepreneurs
  • The partner of a partnership

BIC tax regimes

BICs can be taxed on 3 tax regimes. And it depends on their annual gross turnover . Here are the three diets in question:

BIC special scheme

This regime applies to taxpayers whose annual turnover before tax is less than € 82,800 for trade and housing supply activities. And less than € 33,200 for service activities.

Simplified real regime

This regime applies to taxpayers whose annual turnover excluding tax is included between € 82,200 and € 783,000 for trade and housing supply activities. And between 32,900 and 236,000 € for service activities and furnished rentals.

Normal real speed

This regime applies to taxpayers whose annual turnover before tax exceeds € 789,000 for trade and housing supply activities. Greater than € 238,000 for service activities.

 

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