“Withholding tax” (in French, PAS – prélèvement à la source) came into effect on the 1 st of January 2019. This is not a new tax, but the new mechanism for collecting tax on the income received by taxpayers. This great novelty aims to adapt to the lives of taxpayers (birth, marriage, PACS, death…), so...Read More

Deduction of the ISF liability modified by the implementation of the IFI. French tax residents within the meaning of article 4 B of the CGI (General Tax Code), whose taxable assets in respect of the solidarity tax on wealth, were greater than 1.3 million euros, were liable to pay tax to the ISF. As their...Read More

The French tax authorities will test the monitoring of social networks From the beginning of 2019, the French tax administration will experiment with monitoring the accounts of taxpayers, resident and non-resident, on social networks to improve the fight against tax fraud, announced the French minister of public accounts, Gérald Darnanin. The fight against tax fraud...Read More

In France, if you incur expenses to perform energy saving works you may under certain conditions receive a tax credit. This possibility called CITE (« Credit d’Impôt Transition Energétique » – “Energy Transition Tax Credit”) is applicable under certain conditions: Your home should be established in France (Metropolitan France or DOM); It should be your...Read More

THE WEALTH TAX 2018 – IFI The IFI, major reform of the year 2018, replace the ISF “Solidarity Tax on Wealth” concerns all taxpayers (natural persons) whose taxable wealth (which we will define later) is greater than 1.3 million euros, we remind you that the thresholds of the IFI and the ISF are unchanged. All...Read More

New Franco Chinese 2014 tax treaty is now implemented. This new Franco Chinese tax treaty updates the former tax treaty dated May 30th, 1984, and various articles concerns real estate taw law. Download the PDF DOCUMENT : DECRET DU 31 DECEMBRE 2014 For instance, Chinese sovereign funds as the CIC (CHINA INVESTMENT CORPORATION) will mostly...Read More