France » Taxes

Capital Gains Tax	Income Tax	Inheritance / Gift Tax

Taxes

There are two types of taxes found in France. The two types of taxes are based on the theoretical values based on the local land registry. The value of taxes changes from region to region. These taxes are imposed by regional and local governments. Major divisions of the France property tax are given bellow. 

Capital Gains Tax

Some France income tax rates are shown bellow.

• Up to €5,687              0%
• €5,688 to €11,344      5.5%
• €11,345 to €25,195    14%
• €25,196 to €67,546    30%
• €67,546 & above        40%

Inheritance / Gift Tax

The information for the inheritance Tax France is as follows. All estates benefit from a general "tax free" allowance of €50,000 which is divided between the beneficiaries in proportion to their rights of succession. In addition the beneficiaries will receive the following:

• An allowance of €76,000 for the surviving spouse; and
• An allowance of €50,000 for the parents and children of the deceased

The balance in excess of the allowance is taxed at progressive rates from 5% up to a maximum of 40%. For more remote family members and others, smaller allowances are given and higher rates of tax will apply. Generally the tax ranges from 35% to a maximum of 60%.

Inheritance Tax Rates (per beneficiary) between Parents and Children

• Less than €151,950           0%
• The next €7,699               5%
• €7,699 to €11,548             10%
• €11,548 to €15,195           15%
• €15,195 to €526,762         20%
• €526,762 to €861,053       30%
• €861,053 to €1,722,105    35%
• Over €1,772,105              40%