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.