REF: 047.2:
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 …
REF: 047.1:
Paris is a city loved and visited by the whole world. To protect tourism, the government is preserving historic buildings by preventing the construction of new housing. The real estate supply is therefore permanently limited and the practice …
REF: 044.1:
The company set-up for a Sole Trader does not have any legal entity and does not own its assets. There is actually no distinction between the sole trader’s own assets and those of the company. This therefore means …
REF: 035:
In case of an error in the main base or the actual calculation of taxes, the taxpayer or their representatives can submit a claim to the administration in order to obtain a compensation.
The Article R*196-1 of the …
REF: 031:
Donations of movable and immovable property located in France that are made by non-residents are subject to a donation tax on the free transfer of assets. The tax regime that concerns these donations is the same as that …
REF: 030:
If you wish to sell property located in France, the difference between the sale price and the original purchase price is subject to a ‘real-estate gain tax’ at a rate of 34.5 %.
From the 1st January …
REF: 016
Moving away from the convoluted and rather complex tax system that is currently in place in France, to a Pay-As-You-Earn (PAYE) system like that used in most European countries, has been in the French governments’ pipeline for a …
REF: 015
First of all, a person is subject to French private income tax if they live in France and/or generate revenue from a French source. If this person meets 1 of the 3 following tax residency requirements, then …
