Exit Tax: Can I benefit from the deferral of a payment?
A change in tax residence to outside of France results in the taxation of a number of things: deferred capital gains for tax purposes (exit tax), receivables arising from an additional pricing clause, income tax and social security contributions. The taxpayer may, however, receive a delay in the payment.
This suspension of payment is either automatic or upon request accompanied by a guarantee proposal. The request of suspension, which until 2019, was applicable to taxpayers relocating to a non-EEA country, now only applies to taxpayers relocating to an ‘ETNC’ – a non-EU country or territory that has no concluded agreement to assist France on tax fraud prevention and evasion and recovery.
As from the 22 November 2019, the application must be submitted no later than 90 days before the relocation and no longer within 30 days of the relocation, as was the rule before.
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