The tax credit for a first subscription to a press release canceled on January 1, 2023

This tax credit was originally scheduled to expire on December 31, 2023, and was effective May 9, 2021. The 2023 budget law provides for the elimination of this tax credit for subscriptions taken out on or after 1^er January 2023, one year ahead of the original end date.

Which publications are involved?

You can benefit from this tax credit for a subscription to a political and general news publication, paper or digital, if you subscribed for the first time between January 1 and December 31, 2022, for a minimum period of 12 months.

The policy and general information publications concerned are:

• a journal;
• a publication with a maximum of quarterly frequency;
• an online press service.

You cannot take advantage of this tax credit if you subscribe to an online service that distributes several periodical publications, some of which do not provide political or general information. For example, a digital kiosk.

2022 Subscriptions Tax Credit

For a first subscription subscribed between 1^er January and December 31, 2022, the tax credit of 30 per cent of expenditures is provided on a means-tested basis.

You can receive the tax credit once for the same tax household.

To qualify for the tax credit, your tax household income must not exceed €24,000 for a share of the family quotient.

This limit shall be increased by EUR 6 000 per additional half-share.

Example: for a couple with 2 children (3 parts), your income must not exceed: 24 000 € + (4 x 6 000 €) = 48 000 €.

You will have to report in 2023 the amount of expenses paid in 2022.

If the amount of the tax credit exceeds the amount of tax owing, the excess will be returned to you.