pyppr.ppr_tr

pyppr.ppr_tr(nper, standard_withdrawal)

Get the tax rate applied on the PPR capital gains.

Given:

• the total number of compounding periods, nper,

• and whether the PPR will be withdrawn in standard conditions or not, standard_withdrawal.

Return:

The tax rate applied on the PPR capital gains.

Parameters:

nperscalar

Number of compounding periods

standard_withdrawalbool

Whether the PPR will be withdrawn in standard conditions or not.

Returns:

outscalar

The tax rate applied on the PPR capital gains.

Notes

At the time of writing, PPR capital gains are taxed at 8% if the investment is withdrew in the situations foreseen by law. In non-standard situations, the tax rate applied depends on the time the investment was held, as follows:

• Holding for less than 5 years: 21.5%

• Holding between 5 and 8 years: 17.2%

• Holding for 8 or more years: 8.6%

Examples

>>> import pyppr
>>> holding_periods = [4, 5, 7, 8, 9]
>>> trs = [pyppr.ppr_tr(period, False) for period in holding_periods]
>>> print('In non-standard withdrawals, PPR capital gains are taxed at:')
>>> for period, tr in zip(holding_periods, trs):
...     print(f'- {tr:.1%} in a {period}-year investment.')
In non-standard withdrawals, PPR capital gains are taxed at:
- 21.5% in a 4-year investment.
- 17.2% in a 5-year investment.
- 17.2% in a 7-year investment.
- 8.6% in a 8-year investment.
- 8.6% in a 9-year investment.