Catégorie : Tax articles

Basic principles of the tax regime for impatriates in France Impariate tax regime in France is considered to be one of the most attractive in Europe due to its multiple advantages. If you are an impatriate or thinking of becoming one, here are the essential points to know. The preferential tax regime for impatriates Definition: Implemented in France in 2004, the impatriation tax regime allows individuals who have recently settled in France to benefit from favorable income tax treatment. This scheme is aimed at individuals who were domiciled outside France for tax purposes during the five years prior to taking

What taxes do foreign nationals have to pay in France? Taxes payable in France by a foreign national, whether European or of another nationality, depend on certain specific situations. Here is an overview of the main applicable taxes: income tax, council tax , property tax and property wealth tax. Income tax What income is concerned? Certain incomes are considered as French-source incomes if it is generated by an activity carried out in France. The following types of income fall into this category: – Salaries – Daily social security benefits (sickness, maternity, etc.) – Unemployment benefit – Income from self-employed activities

French tax residence: the 183-day rule The 183-day rule is a commonly used criterion for determining French tax residence. A person’s taxresidence has an impact on their taxation regime in terms of income tax, inheritance tax, gift tax andproperty wealth tax. To define this concept, it is essential to understand the criteria set out in article4A of the French General Tax Code. According to these criteria, a person is considered to be resident in France for tax purposes if he orshe meets one of the following criteria: Having a home in France, or failing that, have a principal place of