An update of the housing archives by the Ministry of Economy will lead to an increase in property taxes for 7.4 million housing units by 2026, Bercy told Agence France-Presse, confirming information from Paris.
“What matters is the efficiency and fairness of taxation: each person pays according to the type of house they own”confirmed the position of Minister of Public Accounts, Amélie de Montchalin.
Paid by some 32 million owners, property taxes are not only based on surface area, but also on “convenience” criteria such as the presence of running water, electricity, a toilet or sink in the house. The presence of each of these elements artificially increases the number of square meters taken into account, and mechanically the amount of property tax.
“Operations to make land bases more reliable to be carried out in 2026” aims to take into account “these comfort elements are not currently integrated into the foundation”explained the Directorate General of State Finance (DGFiP). According to Parisianthis update will result in an average increase in housing tax of 63 euros per affected accommodation and will generate an additional 466 million euros for local authorities.
“Of course, owners whose homes are not actually equipped with these installations will be able to object to the taxation of their properties and obtain appropriate relief”define DGFiP.
