Question 14359 — income tax

Summary

Mr. Jean-Noël Barrot draws the attention of the Minister of the Economy and Finance to the taxation of interest on undivided sums deposited with the Caisse des Dépôts et Consignations. The income of individuals is taxable on the day it is made available, which in the case of interest on undivided sums deposited, occurs on the day the dispute is resolved. While the notaries declare in the name of the joint owners the interests of undivided funds recorded before the closure of the dispute between them, it appears that this method of early declaration can lead a taxpayer to declare unreceived income for a long period. However, on the one hand, article 156 of the general tax code provides that income tax is established according to the total amount of net income available to each taxpayer. On the other hand, according to administrative doctrine a Income must be considered available from the day when, having expired, it is up to the person concerned to receive the amount (BOI-IR-BASE-10-10-10-40 n° 80). He therefore asks him to specify what taxation should be applied to these sums during the consignment period and during the execution of the dispute.

Machine translation from French. The official text remains authoritative.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

No documents linked.

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.