Home Tax The taxation of individual entrepreneurs under the real regime

The taxation of individual entrepreneurs under the real regime

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The system for taxing the income of individual entrepreneurs under a real tax regime depends on the category to which the taxable profits fall.

Taxation of professionals subject to BICs

Individual entrepreneurs falling under the BIC and subject to a real tax regime are taxed on the totality of the profit made. This profit is calculated in a real way, that is to say by the difference between:

  • The products acquired (turnover, financial products, operating subsidies, etc.)
  • And expenses incurred (purchases, overheads, taxes, social security contributions, financial charges, etc.).
  • Depending on the turnover achieved, the entrepreneur comes under the actual simplified tax regime or the actual normal tax regime.

Professionals holding BICs who do not belong to an approved management center are penalized by an increase of 25% of their taxable profit.

Declaration of taxable income:

The individual entrepreneur subject to a real tax regime and falling within the BIC category must report in his declaration n ° 2042-C-PRO the amount of his taxable profit determined on the declaration of results n ° 2031. A “professional industrial and commercial income” Section containing a “real profit regime” category is provided for.

Taxation of professionals subject to BNCs

Individual entrepreneurs falling under the BNC under the controlled declaration regime are taxed on the entire profit made. This profit is calculated in a real way, that is to say by taking into account all the expenses incurred and tax deductible.

As for holders of BICs, professionals under the controlled declaration system who do not belong to an approved management center are penalized by an increase of 25% of their taxable profit. Go for the tax calculator there now for proper calculations.

Declaration of taxable income:

The individual entrepreneur subject to the controlled declaration regime must report in his declaration n ° 2042-C-PRO the amount of his taxable profit determined on the declaration of results n ° 2035. A “non-commercial professional income” section containing a “controlled declaration regime” category is provided for.

Companies which own or use vehicles registered in the category of passenger cars or multiple-use vehicles are liable to tax on company vehicles (TVS).

This file provides information on the scope, calculation, declaration and payment of the tax on company vehicles.

Scope of the tax on company vehicles

Companies taxable on TVS

All for-profit companies are subject to corporate vehicle tax regardless of form (civil or commercial) and tax regime (IR / IS). Individual companies and non-profit associations in particular are not taxable.

The companies liable for the TVS are those which have their head office or an establishment located and:

Who own or have taxable vehicles available and who reimburse mileage expenses to their employees or managers who use their vehicle (owned or leased by the latter) when the latter are taxable.

Taxable vehicles on TVS

The vehicles taxable for company vehicle tax are:

  • Vehicles registered in the passenger car category (PC),
  • And vehicles registered in the category of multiple-use vehicles, which corresponds to category N1.

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