Update on 2023 French tax budget, compulsory online filing for all French property owners due by July 2023 and a reminder of look-through taxation measures under Article 123 bis and exit tax exposure.

As expected, the draft 2023 French tax budget is proposing a higher revaluation percentage of the income tax bands so these are expected to rise by 5.4% to account for the predicted inflation. As a result, most tax breaks, allowances and income limits should increase by the same rate. The budget...