CRDS

Definition  :

The CRDS ( Contribution au remboursement de la dette sociale ) was introduced in 1996 to provide CADES with revenue to amortize its assumed debt. This 0.5% tax is levied on all earned and replacement income as well as on capital gains from property, investments, the sale of precious metals and gaming.

Exemptions mainly involve replacement income such as minimum income allowances and certain non-contribution-based benefits. These principally include unemployment, early retirement, disability and retirement benefits that are not subject to income tax and the guaranteed minimum income (RMI).