The actual normal tax regime is intended for industrial or commercial companies which exceed certain turnover thresholds or which voluntarily opt for this method of taxation.
Here is an information file on the functioning of the real normal tax regime in terms of profit taxation, accounting obligations and VAT.
The conditions of application of the actual normal tax regime
The actual normal tax regime automatically applies to companies whose annual turnover excluding tax exceeds the thresholds of the simplified tax regime. For 2017, 2018 and 2019, these thresholds are equal to:
- 789,000 euros for purchase-resale, sale to consume on site and supply of housing,
- 238,000 euros for service provision activities.
- 869,000 euros for purchase-resale, sale to consume on site and supply of housing,
- 269,000 euros for the provision of services.
Note: this tax regime concerns activities that fall under the BIC. Companies under the BNC have their own tax system (controlled declaration).
Companies that do not meet these turnover thresholds can still voluntarily opt for the actual normal tax regime.
As we will explain later, this method of taxation can be chosen from the creation, subsequently on a voluntary option, or compulsorily following the exceeding of the thresholds.
Here are some special cases to report:
Companies whose amount of VAT payable the previous year is greater than 15,000 euros must fall under the actual normal VAT regime, even if their turnover is below the threshold for application of the actual normal regime. In terms of the taxation of profits, these companies can still come under the real simplified tax regime.
Companies created and subject to VAT in the building sector come under the real normal VAT regime the year of their creation and the following year. In terms of the taxation of profits, these companies can still come under the real simplified tax regime. The tax calculator will help you in that case.
The declaration of the results of companies under the normal real regime
Declaration for companies with IS
Companies subject to corporation tax must submit an annual declaration n ° 2065 accompanied by appended tables n ° 2050 to 2059 G:
- tables 2050 and 2051: this is the balance sheet
- tables 2052 and 2053: this is the income statement
- Tables 2054 to 2059-D: these are depreciation, provisions, loss carry forwards, etc.
- table n ° 2059-E: it is used to determine the added value produced during the financial year
- table n ° 2059-F: it details the composition of the share capital
- Table n ° 2059-G: it gives details of the subsidiaries and holdings of the company.
Other specific tables must also be completed depending on the case.
IR declarations for companies
Individual businesses must subscribe to a declaration of industrial and commercial profits (BIC) n ° 2031 accompanied by the annexed tables n ° 2050 to 2059 G. The individual entrepreneur then reports the result on his supplementary income declaration n ° 2042 C PRO.