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...

In a recent update of the www.impots.gouv.fr FAQ on the effects of Brexit, the French Administration has done a complete U-turn when it comes to the application of the social surcharges known as CSG and CRDS on French source income and gains received by UK tax residents, generally arising from...

The recently added Article 34 quarter of the 2022 French Budget extends the scope of anti-tax avoidance rules to trust situations.  

As we near the end of the tenth year since the introduction of the French trust legislation, we explore trust reporting, some of the pitfalls of non-compliance, and consider items to include in any trust year-end reviews.

Covid, Brexit and French Tax Residence Issues: Resident permit applications and possible impact on tax residence status.Reporting of Foreign Financial Holdings: What is at stake? Covid19, Cartes de Séjour and French Tax Residence

Trust Forms Updated and 2021 Annual Filing Deadline Postponed