A short summary with the official deadlines for submitting your various French tax returns for 2022: I – IRPP (French income tax) declaration (for income received in 2021): For residents of departments numbered 1 to 19 as well as for non-French tax residents (Zone 1): the deadline is 24 May 2022; For residents in departments...Read More

In France, under article 1605 of the general tax code, “all natural persons subject to housing tax for furnished premises assigned to housing, holding a television receiver or similar device allowing the reception of television for the private use of the household» on 1st January of the tax year is liable for the contribution to...Read More

At the outset, we recall that the concept of abuse of rights in tax matters is set out in Article L 64 of the LPF (Book of Tax Procedures) and in Article L 64 A of the LPF. Article L 64 of the LPF states that the tax administration has significant power, since it is...Read More

The Franco-Monegasque Tax Treaty signed in Paris on 18 May 1963, no longer allows French nationals wishing to establish their tax residence in Monaco to be exempt from income tax in France. Article 7 of the said Treaty (amended by an addendum dated 26 May 2003) states that: “French nationals who move their domicile or...Read More

Tax exempt furnished rentals? It can be done! But watch out, this does not apply to all taxpayers! You must be a French tax resident, because yes, in order to be able to benefit from the furnished rental tax exemption, you must rent out part of your principal residence; second homes are excluded from this...Read More

A short summary with the official deadlines for submitting your various French tax returns for 2021: I – IRPP (French income tax) declaration (for income received in 2020): For residents of departments numbered 1 to 19 as well as for non-French tax residents (Zone 1): the deadline is 26 May 2021; For residents in departments...Read More

Tax representation during a sale of property in France by a non-French tax resident. In France, when a non-French tax resident, within the meaning of Article 4 B of the General Tax Code, decides to sell a property held within the territory, he or she may be subject to the obligation to appoint a tax...Read More

In France, any person (natural or legal) intervening either as a party or as an intermediary in the conclusion of a loan agreement, or the drafting of the deeds recording the same, are required to declare this to the tax administration. This obligation is recalled in Article 242 b) paragraph 3 of the General Tax...Read More

A lot has been written about this topic, and it deserves special attention. An SCI subject to income tax must carry out a civil activity. A civil activity is the opposite of a commercial activity; it is therefore necessary to not carry out an act of commerce. Article L 110-1 of the Commercial Code lists...Read More

It is not uncommon for a business corporation (subject to income tax or corporation tax) to make gifts (of any kind or “business gifts”) at the end of the year to thank its clients. These gifts are deductible expenses for this company as recalled in point 5 of article 39 of the CGI (French General...Read More