Taxation

BIC: What tax options can be exercised in May or June?

Publié le 10 mai 2024 - Directorate for Legal and Administrative Information (Prime Minister)

Are you a company that generates industrial and commercial benefits? Do you want to be subject to another tax regime? In this case, you can opt for an effective tax regime at the next tax deadline.

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Image 1Crédits: Jacob Lund - stock.adobe.com

Option for the actual taxation regime for micro-BICs

Companies subject to the micro-BIC scheme may opt for an effective taxation scheme (simplified real scheme or standard scheme).

This option is exercised at the time of the income tax return. As a reminder, the tax filing schedule is as follows:

  • May 23, 2024 at 11:59pm: departments 01 to 19 and non-residents ;
  • May 30, 2024 at 11:59pm: departments 20 to 54 ;
  • June 6, 2024 at 11:59pm: departments 55 to 976.

The option is valid for one year and is renewed automatically every year.

Option for normal actual speed

Companies subject to the simplified system of taxation may opt for the ordinary effective system.

This option must be done when reporting the results, either no later than 18 may 2024.

The option is also valid for one year and is renewed automatically every year.

How can this option be waived?

In order to opt out of these options, the company has to go to the company Tax Office (SIE) on which it depends. This waiver shall be made within the deadline for submitting the declaration of results (i.e. by 18 May 2024).

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