Tax Return for non resident
HOME ABOUT US OUR SERVICE TAX INFORMATION CONTACT US TAX RATES PARTNER WITH US FAQ'S

FAQ's - France


Tell a Friend

As a non-resident in France do I need to file a French tax return?

Yes, where income is received in French you must submit a French tax return before the French tax authorities. The type of French tax return will depend on the type of property you own.

Do I need tax identification number?

You will require a Tax ID number in order to file your French Tax Return, even if you are non-resident.

What is the French Leaseback Property Scheme?

The French Leaseback property scheme was created by the French government to encourage investment and development in tourist regions throughout France. Property bought through a leaseback scheme involves a contract between the investor and a property management company that will manage and rent the property for a fix period. The main characteristics of a leaseback scheme are that the property must serve as a holiday accommodation for a minimum period. Where a French VAT is charged on the purchase price of the property it can be claimed back once the required conditions have been met.

I have a French leaseback property, what are my French tax obligations?

As a non-resident French leaseback property owner you are obliged to file a French business tax return and a French personal tax return. Under the French leaseback scheme rental income incurs French VAT at a rate of 10% (for 2014 tax year) which means that a French VAT return also must be filed as VAT is charged on rents received. A new VAT regulation (since October 2012) states that non-residents do not have to pay and receive VAT on top of rents. The responsibility in respect of this lies with the management company.

I have a French furnished property, what are my French tax obligations?

As a non-resident French furnished property owner you are obliged to file a French business tax return and a French personal tax return. Income from French furnished property is treated as commercial income. Non-resident French furnished property owners with French Income can benefit from a simplified scheme of French tax return called Micro-BIC. This method of taxation allows a notional deduction of 50% against your rental income when arriving at your French taxable income. Alternatively, you can opt out of this regime and file your French income tax on an actual receipts/costs basis.

I received rents from my French unfurnished property. What are my French tax obligations?

As a non-resident French unfurnished property owner you are obliged to file a French personal tax return. Income from land or unfurnished buildings is taxed on income received less allowable expenses. Non-resident French unfurnished property owners can benefit from a simplified scheme called Micro-Foncier. This method of taxation allows a notional deduction of 30% against your rental income when arriving at your French taxable income. Alternatively, you can opt out of this regime and file your French income tax on an actual receipts/costs basis.

 

Click on the relevant link below to learn more about your tax obligations in the country of purchase:

Canadian Property TaxCanadian Property TaxPolish Property TaxPolish Property Tax
French Property TaxFrench Property TaxPortuguese Property TaxPortuguese Property Tax
German Property TaxGerman Property TaxSpanish Property TaxSpanish Property Tax
Hungarian Property TaxHungarian Property TaxUK Property TaxUK Property Tax
Irish Property TaxIrish Property TaxUSA Property TaxUSA Property Tax

Property Tax International is a trading name of Taxback Returns which is part of the Taxback Group incorporating taxback.com providing financial services since 1996