Entries by Emily Axelsson

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Our Practical Guide for Non-Residents leasing Furnished Rentals in Paris: Part 2

REF.: 0047.2 Income from a furnished rental: How is it taxed? If you rent furnished accommodation, you are automatically placed under the ‘BIC’ tax regime (industrial and commercial income tax) instead of under the regime applied to property income, as you would be if you rented unfurnished property. This status is also open to non-residents […]

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Reverse Charge on VAT for Imports

REF.: 0045 Reverse Charge: Important changes you should be aware of. On 8 November 2016, Parliament adopted the “Sapin 2” law, which provides a framework for the VAT reverse charge on imports.  Article 58 of the law replaces the simplified scheme with an authorisation system due to fears of a strong increase in VAT fraud… In […]