Recommend to a Friend 
 
    
 French Law Pages
 Buy/Sell A Company
 Hiring/Firing Staff
 French Construction Law
 Agents/Distributors
 Buy/Sell A Property
 French Trade Marks
 Litigation in France
 French Tax Law
 Road Traffic Accidents
 Wills & Testaments
 French Criminal Law
 Immigration & Visas
 French IT Law
 Company formation
 Medical Devices
 Pharmacovigilance
 Back To Home Page
Les 3 rosettes
 

Disclaimer:
This page does not set out to give anything other than a glimpse of certain aspects of this area of French Law and professional advice should always be sought from a duly specialised French practitioner prior to undertaking any steps whatsoever.

French Tax Laws


In France the most common taxes likely to be encountered are :

TVA or Taxe sur la Valeur Ajoutée

This is the direct equivalent of VAT or Value Added Tax in other EU member states such as the United Kingdom and the current French standard rate is 19.6%, although lower rates are applicable to certain areas such as take-away food (5.5%).

IRPP or Impôt sur le Revenu des Personnes Physiques

This relates to personal income tax and France has a self-declaratory system and the employer is not responsible for deducting income tax at source.

Taxe d'habitation

This is a tax payable by the occupier of real property

Taxe Foncière 

This a land tax payable by the owner of real property - the owner/occupier of real property pays both.

Impôt sur les sociétés

This is corporation tax payable by commercial companies.

Taxe professionnelle

This is a tax payable by all business entities, be they subject to corporation tax or not.

Impôt sur la plus value

This is French Capital Gains Tax (CGT) and it is most often encountered upon selling real property, particularly second homes in France. It is subject to taper relief over a fifteen year period.

Impôt sur les fortunes

This is a wealth tax payable by those whose net assets are over circa 790 000 Euros (as at January 2009).


 
French Tax Law

Recommended lawyer(s) for advice
on French Tax Laws

If you wish to be put in touch with a maximum of three English-speaking fully trained and qualified French lawyers specialising in this particular area of French law, please click here.

© 2012 French Law Publications Limited, All Rights Reserved - About us

French Law Home Page | Buy/Sell a company in France | Hiring/Firing Staff in France | French Construction Law | Agents/Distributors in France
Buy/Sell A Property in France | French Trade Marks | Litigation in France | French Tax Law | Road Traffic Accidents
Wills & Testaments in France | French Criminal Law | Immigration & Visas | French IT Law | Company formation in France
Medical Devices in France | Pharmacovigilance in France