Copyright : indexing for 2019 income
The Income Tax Code stipulates that the revenue resulting from the transfer or surrender of copyright or related rights as well as that of legal or compulsory licenses constitutes income from movable assets. However, the income from movable assets is, in principle, considered to be professional income when these assets are assigned to the exercise of the professional activity of the recipient of said income. This reclassification is nevertheless offset for revenue resulting from the transfer or surrender of copyright or related rights except in the event and to the extent that it exceeds EUR 37 500 EUR. The latter amount is indexed annually. For the fiscal period 2019 (income from 2018), the ceiling below which the tax administration cannot reclassify copyright as professional income is set at EUR 61 200. In addition, the flat rate expenses likely to be deducted from the gross amount of the income have also been indexed. The first tranche ranges from EUR 0 to 16 320 and the second tranche from EUR 16 320.01 to 32 640.