3 February 2015

Interestingly, the same January 2015 version of Article 1001 of the French Tax Code incorrectly removed the IPT rates applicable to Sickness contracts.  Indeed, it anticipated too early the change on the taxation of Sickness contracts that will take effect on 1 January 2016 when the CMU Tax, whose current rate is 6.27%, will have four new rates:
 
  • 13.27% for Sickness insurance contracts deemed “Solidaires et Responsables” and supplementary to the French National Health Scheme (Assurance-Maladie)
  • 20.27% for Sickness insurance contracts deemed “Non Solidaires et Responsables” and supplementary to the French National Health Scheme (Assurance-Maladie)
  • 7% for Sickness insurance contracts deemed “Solidaires et Responsables” and not supplementary to the French National Health Scheme (Assurance-Maladie)
  • 14% for Sickness insurance contracts deemed “Non Solidaires et Responsables” and not supplementary to the French National Health Scheme (Assurance-Maladie)