2% Social Levy & Other Additional Levies2% Social Levy & other additional levies, 2% Social Levy & other additional levies Monday, March 7th, 2011
Individuals domiciled in France for tax purposes are liable to a 2% social levy, introduced in 1998, on income from personal assets and investment income. The proceeds are allocated to the old-age solidarity fund, the national retirement pension fund and the pension reserve fund.
An additional 0.3% levy on income from personal assets and investment income, allocated to the national solidarity fund for autonomy (CNSA), was introduced in 2004.
Act 2008-1249 of 1 December 2008 generalising the earned-income supplement and reforming integration policies introduced a new 1.1% additional contribution to the 2% social levy on income from personal assets and investment income, intended to fund the earned-income supplement (revenu de solidarité active, RSA).
The 1.1% additional contribution on income from personal assets applies to the taxation of income received in 2008 and subsequent years and the 1.1% additional contribution on investment income applies as of 1 January 2009.
The base of and collection methods for the 2% levy and the 0.3% and 1.1% additional contributions are similar to those for the CSG relating to the same income (see Section I above).
The 2% levy and the 0.3% and 1.1% additional contributions are not deductible from the income tax base.
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