Liability to French Tax

Whether permanently resident in France or not, you should understand your French tax obligations

Residents are liable to French taxes on worldwide income and wealth.

We can discuss appropriate techniques for reducing all French taxes.

An individual is considered "resident" for tax purposes in France after spending 183 days in the country. Even if you spend less than 183 days you may be still be "resident" - eg if your spouse and children are based in France. You would then be liable to tax on worldwide income & capital gains, wealth, gifts and inheritance. 

If you are non-resident in France, you can still be liable to French tax if you have property in France. Keeping a low profile and hoping for the best is a risk: more and more information is now being exchanged between European tax authorities.   

It is important to understand the rules and pay all taxes due.
But there is no need to pay more than the minimum due.

You may also be subject to taxes in other countries due to time spent, property and assets or nationality. In this case, it is important to be aware of the dual taxation agreements. These treaties often enable significant tax savings to be obtained..

Although there are many taxes in France, such as wealth tax and various social taxes, many clients are surprised by the number of exemptions available and the importance of correctly setting up companies, trusts and marriage regimes.