International Inheritances: What Are Your Obligations in France?
Handling international inheritances can be complex, and the related tax obligations are often misunderstood.
The issue of inheritance tax territoriality is addressed under Article 750 ter of the French General Tax Code.
Two...
Tax implications for individuals moving to France: If you are planning to relocate to France, it is crucial to understand the tax implications of becoming a fiscal resident. France has a comprehensive tax system that includes obligations related to income tax, social contributions, and the wealth...
How to Determine Your Tax Residency
Understanding the Importance of Tax Residency
Determining your tax residency (also known as fiscal domicile) is a key factor that greatly influences your tax obligations to a country, whether for income tax, capital gains tax, or inheritance and gift...
Sale of Foreign Real Estate by a French Tax Resident: Is Tax Payable in France?
Do individuals who are tax residents of France have tax obligations in France when they sell foreign real estate? And is capital gains tax due in France?
This question is often overlooked, with many assuming that...
Trust – Reporting and Tax Obligations
Even though trusts are not well recognized under French civil law, they are subject to French tax regulations.
CM-Tax, a firm of French tax lawyers with bilingual experts based in Lyon and Marseille, provides advice and assistance on all matters relating to ...
How to Determine Your Tax Residence?
The Importance of Tax Residency
Determining tax residency (also known as fiscal domicile) is a crucial factor in defining an individual’s tax obligations to a particular country, whether for income tax, capital gains tax, or even inheritance and gift t...
Selling Foreign Property as a French Tax Resident: Is There Tax Due in France?
When a French tax resident sells a property located abroad, do they have tax obligations in France? Is there capital gains tax payable on the sale in France?
Many mistakenly assume that French tax law doesn't apply...
Errors in Income Tax Notices for American Citizens Living in France
The CM-Tax tax law firm frequently observes that its American clients residing in France receive income tax notices containing certain errors.
Under the terms of the tax treaty between France and the United States, American...