French tax

Dramatic market reaction to UK tax cuts doesn’t scare Christopher Luxon from offering relief in New Zealand

“We must offer tax relief” Global currency markets are experiencing high volatility and the New Zealand dollar has fallen to its lowest level since 2020. “There are winners and losers, yes it’s great for our exporters but it’s harder for our importers and it drives up prices that way. “The big issue is we need […]

French tax

French tax payments due imminently if the 2021 withholding tax rate is too low

About 10.7 million households will have to pay additional tax next Monday (September 26) because a change in their financial situation in 2021 means their withholding tax rate was too low for part of the year . This represents around 22.5 billion euros for the public treasury. Earlier this year, some 13.7 million tax households, […]

French tax

Immutep (ASX:IMM) Receives $2.7M French R&D Tax Incentive – The Market Herald

Subscribe Be the first with news that moves the market Immutep (IMM) Receives a $2.7 Million Research and Development Tax Incentive from the French Government The company received the funds under the French research tax credit scheme, which provides that eligible French companies are reimbursed 30% of eligible expenses. Immutep qualified to receive the tax […]

French tax

UN chief, addressing UN General Assembly, calls for additional tax on fossil fuel profitsNews

Russia’s war on Ukraine and many other critical global issues top the agenda of the 150 heads of state and government attending the UN General Assembly. Our Kim Hyo-sun gives us a summary of the first day of the assembly. In a broad speech before the United Nations General Assembly, the UN chief reiterated the […]

French tax

D-Day property tax in Tipp

Tipperary County Council has voted the property tax rate for 2023 and 2024. Photograph: Odhran Ducie Published: Sun Sep 18, 2022 11:17 AM A difficult year ahead for Tipperary County Council in maintaining the level of services it provides across the county prompted elected officials to agree to changes to local property tax next year […]

French tax

Spokane County Restructures $5 Million Lodging Tax Program | Washington

(The Center Square) — The Spokane County Commission took action this week to reinstate a Tourism Promotion Zone after Spokane Valley’s decision to go it alone on lodging tax collection and spending. The dissolution of the regional partnership in place since 2004 required a restructuring of the program which imposes a contribution on room rentals […]

French tax

The truth about French tax residency – forget the myths

Over the years, but especially since Brexit, we have come across a number of people willing to bend all sorts of rules to avoid becoming a French resident. This despite the fact that they would prefer to spend most of their time in France, or at least have the option of spending more than three […]

French tax

Quebec Liberals propose tax credits to reduce energy consumption

The Liberal Party of Quebec (PLQ) says it wants to give homeowners up to $10,000 for renovations that reduce electricity consumption. The party says it hopes to reduce Quebecers’ electricity consumption by 16 terawatt hours in order to supply a possible ECO hydrogen production project, which should be energy-intensive. Asked about the project, Anglade remained […]

French tax

Health Organizations Want Quebec Political Parties to Increase Provincial Tobacco Tax

Several health organizations are joining forces to call for stricter measures to fight against smoking in Quebec. As the province’s election campaign continues, they are asking political parties to reveal what they are prepared to do to control the industry. None of the five main parties has presented measures related to the fight against tobacco […]

French tax

French Quarter Board Asks To Use Tax Money For More Cameras As Patrol Crews Not Filled | Crime/Police

The number of crime cameras in the French Quarter could more than triple under a proposal presented to the New Orleans City Council, as officials turn to technology to fill the lack of uniformed officers in the Historic District. The French Quarter Management District, a state board comprised of representatives from various French Quarter groups, […]

French tax

Do non-residents pay more French taxes on second homes than residents?

Question from the reader: We are UK residents intending to buy a holiday home in France. Am I correct in saying that recent French legislation involves taxes that we face as non-residents (eg. property tax) are stiffer than before? Are they the same as for French residents in second homes? Property taxes are the same […]

French tax

French tax authorities use AI to find swimming pools

Using an AI computer vision system in conjunction with Google’s cloud processing, the French tax authorities identified 20,356 residential swimming pools that had not previously been declared. As a result, the tax administration was able to generate an additional €10 million in tax revenue. The artificial intelligence software recognizes swimming pools on aerial photographs and […]

French tax

French tax authorities use AI to spot undeclared swimming pools

Comment this story Comment French tax authorities are using artificial intelligence to find thousands of undeclared swimming pools, with a pilot program now to be rolled out across the country as it grapples with its worst drought on record. Some 20,356 undeclared pools have been uncovered since authorities started using software developed by Google and […]

French tax

French tax authorities use AI to spot 20,000 undeclared pools | France

French tax authorities using AI software have found thousands of undeclared private pools, landing owners with bills totaling around 10 million euros. The system, developed by Google and Capgemini, makes it possible to identify basins on aerial images and cross-check them with cadastral databases. Launched on an experimental basis a year ago in nine French […]

French tax

French tax resident with US C Corp – Company taxed in France or not (Rule of exploitation in France article 209)

Thank you for your answer, it is very interesting information. With this information in mind, I still don’t understand the full picture and if it will apply to the situation described above. Of course, will contact a professional later, to have everything checked. By products, I mean direct-to-consumer physical goods, shipped directly from China to […]

French tax

The French Prime Minister does not exclude the exceptional tax

PARIS, Aug 27 (Reuters) – French Prime Minister Elisabeth Borne does not rule out the introduction of an exceptional tax, according to an interview with the French daily Le Parisien published on Saturday. “I’m not closing the door on an exceptional tax,” Borne said, adding that she considers it more effective for businesses to take […]

French tax

After big windfall for energy companies, Ohio economists split on profit tax

Is it a good idea to tax energy companies on all the barrels of extra money they have earned from high prices this year? A panel of Ohio economists is divided. Last Monday, gasoline prices in the United States had fallen every day for nine weeks. However, energy economists warn, events such as a destructive […]

French tax

MMR Research obtains French tax approval | New

UNITED KINGDOM/NETHERLANDS – Consumer research agency MMR Research Worldwide has announced that its European hub based in Amsterdam has obtained certification for a French tax credit program offering tax benefits to French companies that collaborate with MMR on research and development (R&D) projects. The tax initiative, the Crédit d’Impôt Recherche (CIR), allows eligible French companies […]

French tax

US Congress passes historic Biden climate, tax and health care plan

Published on: 08/13/2022 – 07:49 US lawmakers passed President Joe Biden’s sweeping climate, tax and health care plan on Friday, a major victory for the veteran Democrat that includes the biggest ever US investment in the fight against global warming. The move through the House of Representatives along strict party lines came after the bill […]

French tax

New tax bill could shut down small family restaurants in NJ

Almost every New Jersey owned-and-operated restaurant, as well as many New Jersey businesses, has faced monumental issues with the pandemic, supply shortages and increased costs due to inflation, fuel prices and major personnel issues. Because of these obstacles, most small restaurants and family restaurants are literally hanging by a thread. If they didn’t have enough […]

French tax

Utah should cut food tax, not income tax

Income tax cuts benefit the rich while the food sales tax hurts the poor. (Trent Nelson | The Salt Lake Tribune) Judy Weeks Rohner, left, delivers signed petitions for a tax referendum to staff members at the Salt Lake County Clerk’s Office in Salt Lake City on Tuesday, Jan. 21, 2020. At right is find […]

French tax

US states could generate $6.35 billion in annual tax revenue from legal iGaming in the US, report says

According to an independent report, US states are expected to realize $6.35 billion in annual tax revenue from the adoption of iGaming. The report, titled “iGaming U.S. State Tax Revenue Potential,and created by VIXIO GamblingCompliance at the request of Light & Wonder, Inc. (NASDAQ: LNW), provides forecasts of the potential tax revenue that state governments […]

French tax

Whitcomb: beaches, boats and “The Rotor”; Tax Breaks Death of Trump

Sunday 07 August 2022 Robert Whitcomb, columnist View larger + Robert Whitcomb, columnist “Summer is the time to get rid of tension with your clothes, and the right kind of day is jewel balm for the battered mind. A few of those days and you can get drunk with the conviction that all is well […]

French tax

purchase, sale, capital gain, inheritance

Buying and selling real estate is an important part of moving to France. Likewise, if you are returning to the UK or think it is time to downsize. I am frequently asked questions about tax implications. Is the buying process simple in France? The buying process in France is quite standardized, which makes it less […]

French tax

Teachers ask for the maintenance of the tax exemption on fees for electoral functions

The Alliance of Concerned Teachers (ACT) on Wednesday called on congressional leaders to override President Ferdinand R. Marcos Jr.’s veto of the bill granting tax exemption on fees and allowances for election service. The teachers made the call during a protest action outside the House of Representatives. “If the president can’t see the sacrifices of […]

French tax

Fuel tax cut for UK drivers among lowest in Europe – RAC

The UK languishes near the bottom of a ranking of European countries for measures taken to ease the burden of high fuel prices. Only Luxembourg has done less than the UK government out of 13 European countries that have cut petrol taxes since prices started to soar in March, according to the RAC. The 5p […]

French tax

Lawmakers veto tax exemption bill for election officials’ fees │ GMA News Online

Several lawmakers have vetoed the tax exemption of fees, allowances and other benefits for election workers, saying it was “difficult and dangerous” to serve as an election council in previous elections. Senate Minority Leader Aquilino “Koko” Pimentel III said Congress wanted to give incentives to those electoral board members, citing their jobs as “difficult and […]

French tax

Shakira faces 8 years in prison for tax evasion in Spain

Colombian superstar Shakira was charged on Friday with six counts of tax evasion in Spain, where she faces eight years in prison and a fine of nearly $24.5 million. File photo by Rune Hellestad/UPI | License picture July 29 (UPI) — Shakira’s hips don’t lie, but according to Spanish prosecutors her tax returns do. The […]

French tax

2 contenders for UK leadership clash over tax in TV debate

LONDON — The two candidates vying to become Britain’s next prime minister sparred on Monday over how to help families struggling with the soaring cost of living, in a tense televised debate that shed light on economic visions contrasts of the rivals of the Conservative Party. Foreign Secretary Liz Truss has promised to cut taxes […]

French tax

An advertising tax to strengthen digital sovereignty

By Chiueh Tzi-cker Since last year, Google has been collecting US income-related tax information from Taiwanese YouTubers and withholding what portion of their income they owe in taxes, in accordance with a US government directive. In contrast, Taipei has not been able to tax the online advertising revenue that Google generates in Taiwan. This glaring […]

French tax

Lawmaker pushes for tax exemptions and breaks for ordinary people

The “Mass and Middle Class Tax Reform Law” aims to exempt those earning 33,333 pesos ($590) a month or less from paying income tax. It is also considering granting tax relief to families of people with disabilities, those caring for elderly parents or relatives and those with children. By RAYMOND CASTROBulatlat.com MANILA — A progressive […]

French tax

BFT votes not to reduce sales tax, what are the $$ facts?

BFT bus (Townsquare media)BFT bus (Townsquare media) Ben Franklin Transit’s board voted not to cut a sales tax, a move welcomed by union leaders and others. But a previous study shows that this is not really necessary. BFT will not reduce sales tax According to KVEW-TV, BFT’s board voted 7-2 for not lowering a sales […]

French tax

Too early to tinker with taxation – Diokno

MANILA, Philippines — It’s “too early” to make changes to the existing personal income tax system, Finance Secretary Benjamin Diokno said yesterday amid lawmakers’ proposals to cut income tax rates Filipino working class families. Diokno was reacting to a bill tabled by the ACT Teachers party slate that seeks to correct imbalances in the Tax […]

French tax

Swiss fighter jet document reveals secret French tax offer

France’s latest bid to persuade Switzerland to buy its Rafale fighter jet appears to have failed. Copyright 2018 The Associated Press. All rights reserved. France has offered Switzerland a financial sweetener, worth an estimated 3.5 billion francs, to buy its Rafale fighter jets rather than American F-35A planes, according to a secret document seen by […]

French tax

Current and Future Analysis of Tax Transfer Pricing Services Market with New Business Strategies and Forecasts by 2029 PwC, EY, Deloitte, KPMG, RSM International, Crowe

Global Tax Transfer Pricing Services Market The research report provides key analysis of the status of the Tax Transfer Pricing Services market along with top facts and figures, meaning, definition, SWOT analysis, expert opinions and latest developments worldwide. The report also calculates the market size, sales, price, revenue, gross margin, market share, cost structure and […]

French tax

Live updates: New UK chancellor intends to review government tax plans

Nadhim Zahawi, the new UK chancellor, is to review plans by the UK government to raise corporation tax from 19p to 25p from next April. Zahawi was appointed UK finance minister on Tuesday night after the resignation of his predecessor Rishi Sunak, Health Secretary Sajid Javid and eight other junior cabinet members. As Boris Johnson […]

French tax

New UK rules for sovereign wealth funds threaten investment, say tax experts

Foreign investment in the UK could be discouraged by ministers’ proposals to make sovereign wealth funds pay corporation tax on property and business ventures, tax experts say. The Treasury on Monday launched a consultation on plans to bring the tax treatment of sovereign wealth funds, which include some of the world’s biggest investors, into line […]

French tax

Tax the childless? There is a dark side to this debate

My God, we are becoming a divided nation, aren’t we? Rich against poor (admittedly an old man, that). Boomers versus Gen Z. Unions versus bosses. Bosses versus consumers. North against south. Remainers versus Leavers. Red wall against blue wall. Democrats versus Populists. Raabites v Operators. Trans v TERF. Awake v awake. Vegans v vegetarians v […]

French tax

French tax witch hunt fears as foe of ‘neoliberal Thatcherite’ order wins key job in Parliament

Eric Woerth, the outgoing chairman of the Conservatives’ finance committee, who recently joined the Macron camp, said the president’s role was “to control government action and public policy, not to poke his nose into [tax] records of any individual, family or business”. After the vote, he expressed “doubts about France Insoumise regarding this”. Gilles Carrez, […]

French tax

Residents of this state are ready to get tax refund checks of up to $300 per person

Image source: Getty Images While federal stimulus checks are a thing of the past, some state governments are sending checks to their residents. With gas and food prices rising lately, every little bit of extra money can make a difference. Hawaii is the latest state to approve relief checks. Hawaii residents filing their 2021 state […]

French tax

The Booming Global Tax Management Software Market with Major Key Players

Tax Management Software Market The research report of the report is a wide-ranging analysis and Impact of COVID19 in the global market and detailed information with segmentation has been added in this intelligence report. In this report, a comprehensive analysis of the current global market of the Global Tax Management Software Market in terms of […]

French tax

State pension income tax shock – triple-lock hikes could push millions into HMRC trap | Personal finance | Finance

This will bring the new state pension to around £10,600, rare good news for pensioners as the cost of living soars. It may not be the last big increase either, with inflation set to stay high for years. This will help the state pension to keep up with inflation, but it will not improve the […]

French tax

Bermuda Perspectives on Global Tax Initiatives

The world has seen major changes in tax laws and reporting requirements dating back a few years before the pandemic, but ultimately governments must ensure their tax systems are simple, fair and reliable. As the pandemic, natural disasters and wars deplete many government coffers, this article explores the international tax developments most relevant to the […]

French tax

EU Commissioner Mairead McGuinness on collision course with government over taxation

EU Commissioner Mairead McGuinness said she would support ending member states’ right to veto EU tax policy in some cases, putting the former Fine Gael MEP on a potential collision course with the government here who has long prized Ireland’s fiscal autonomy. Aread McGuinness said majority voting could be introduced if countries abuse their veto […]

French tax

McDonald’s agrees to pay $1.3 billion to settle French tax dispute

The logo of a McDonald’s restaurant is seen in Bordeaux, France, June 18, 2018. REUTERS/Regis Duvignau/File Photo Join now for FREE unlimited access to Reuters.com Register PARIS, June 16 (Reuters) – McDonald’s (MCD.N) has agreed to pay $1.3 billion in fines and back taxes to settle a tax dispute in France, ending a long investigation […]

French tax

McDonald’s will pay 1.25 billion euros to settle the French tax file

NEW YORK — McDonald’s will pay 1.25 billion euros ($1.3 billion) in France to avoid legal action for tax evasion between 2009 and 2020, under a settlement approved by a Paris court on Thursday. Judge Stéphane Noël upheld the second largest tax settlement in French history, consisting of a €508m fine and €737m in back […]

French tax

McDonald’s will pay more than a billion euros to settle the French tax file – POLITICO

PARIS — The American fast food giant McDonald’s will pay more than a billion euros to settle a dispute with the French authorities over tax evasion. The president of a Paris court on Thursday validated a deal between McDonald’s and French tax authorities under which the US restaurant chain will reimburse 737 million euros in […]

French tax

Online Tax Software Market Quality and Quantity Analysis

A new research study from JCMR with the title Global Online Tax Software Market Research Report 2022 provides an in-depth assessment of Online Tax Software, including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies and strategies. The research study provides forecasts for investments in online tax software up to 2030. The report includes […]

French tax

Business community calls for bringing 3.5 million identified tax evaders and non-filers back to the tax net – Latest News – The Nation

ISLAMABAD – The business community called on Sunday to bring all 3.5 million identified tax evaders and millions of other non-filers immediately into the tax net to broaden the base to relieve existing taxpayers.Commenting on the federal budget, Federal Tax Ombudsman Coordinator and former Lahore Chamber Senior Vice President Meher Kashif Younis, Chamber of […]

French tax

Tax Avoidance Services Market 2022 Strategy, Trends, Growth, Size, Share, Demand and Forecast to 2028 – Deloitte, PwC, Ernst & Young – Instant Interview

Tax Avoidance Services Market The Tax Evasion Services Market report provides historical and current growth factors of the global market. The report incorporates financial data obtained from various research sources to provide specific and reliable analysis. The report provides information on major regions and countries in the world along with regional development status, volume, […]

French tax

Energy crisis: PM ignored advice to scrap green tax and ease bills by millions | Science | New

Economist Gerard Lyons reportedly made the recommendation to the Prime Minister during a private meeting in Downing Street on May 23. Downing Street Chief of Staff Steve Barclay, Cabinet Secretary Simon Case and a selection were also said to have attended. other officials from Numbers 10 and 11. Mr Lyons worked with Mr Johnson when […]

French tax

Malicious companies have been exposed that ran ‘as a service’ tax avoidance schemes

The Finnish tax administrationThe recent vetting action revealed that many actors are exploiting malicious activity to allow investors to evade Finnish taxes. We estimate that the systematic tax evasion of these companies resulted in a tax gap of €80 million for Finland from 2018 to 2021 each year, as taxes were not withheld at source. […]

French tax

Another delay in France Hlakudi tax evasion case as legal aid request approved

France Hlakudi during a previous court appearance. The R30 million tax evasion case against former Eskom top executive for investment contracts, France Hlakudi, has been postponed again so that his new lawyer can get up to speed on the facts of the affair. Hlakudi previously told the North Gauteng High Court in Pretoria that he […]

French tax

The reinsurer is not required to withhold tax on the “ceding commission” deducted by the Indian insurer

Indian Insurance Regulatory Development Authority (‘IRDAI’) governs the activities of the insurance industry in India. The insurance industry is not only highly regulated, but due to the unique and complex nature of the business, transactions are sometimes different from those found in other industries. This is perhaps the reason why the taxation of the income […]

French tax

Super-rich families have to wait longer for tax breaks in Singapore

Family offices trying to register for tax exemptions in Singapore face waits of at least eight months. (PHOTO: REUTERS/Edgar Su) By David Ramli, Joyce Koh and Lulu Yilun Chen (Bloomberg) – Registering to become super rich in Singapore has rarely taken so long. Family offices trying to register for tax exemptions in the city-state face […]

French tax

Tax Management Industry Expected to Reach $8 Billion by 2028 -Avalara, Wolters Kluwer, Longview, TaxSlayer, TaxJar, Xero, Intuit, Thomson Reuters, H&R Block, Drake Software, SOVOS, Canopy, TaxACT, Outright, Shoeboxed, Rethink Solutions, ClearTAX, WEBTEL, Inspur, Seapower

New Jersey, USA, – Mr Accuracy Reports published new research on Global Tax management solution covering the micro level of analysis by competitors and key business segments (2022-2029). The Global Tax Management Soultion explores an in-depth study on various segments such as opportunities, size, development, innovation, sales and overall growth of key players. The research […]

French tax

News Digest: French tax deadlines this week

2. Clarification of French rules on pet passports Since Brexit, the rules for traveling with your pet from the UK to France have changed, with UK pets no longer entitled to a pet passport and now requiring an Animal Health Certificate (AHC ) for traveling. However, many second home owners have wondered if their pet […]

French tax

Yellen’s Global Tax Plan Meets Resistance Abroad and At Home

US Treasury Secretary Janet Yellen, right, is greeted by European Commission President Ursula von der Leyen in Brussels during Yellen’s recent visit. (AP Photo/Olivier Matthys) KOENIGSWINTER, Germany (AP) — Treasury Secretary Janet Yellen marked a “historic day” last summer when more than 100 countries agreed to a global minimum tax agreement, aimed at putting countries […]

French tax

Journal: 2007 Nevada Tax Change Reduced Cost of Real Estate Transactions | app

LAS VEGAS (AP) — In 2007, shortly before the frantic implosion of the Las Vegas real estate market, Nevada lawmakers approved a seemingly minor tax law change. According to a Las Vegas Review-Journal investigation, the change allowed landowners to use a range of entities when transferring real estate to an affiliate to exempt those transactions […]

French tax

What do you risk if you are late with your French tax return?

Income tax declarations open in France in April but the deadlines vary according to your method of declaration and your place of residence. Here are the deadlines: Online: Residents of departments 0 to 19, deadline: 11:59 p.m. on May 24 Online: Foreign residents: May 24 Online: Departments 20-54: 11:59 p.m. May 31 Paper declarations for […]

French tax

US Treasury’s Yellen to Push Poland to Implement Global Minimum Tax

Treasury Secretary Janet Yellen testifies at the Senate Banking, Housing, and Urban Affairs Committee hearing entitled “Financial Stability Oversight Board Annual Report to Congress,” in the Senate Office Building Dirksen in Washington, DC, U.S., May 10, 2022. Tom Williams/Pool via REUTERS Join now for FREE unlimited access to Reuters.com Register WARSAW, May 16 (Reuters) – […]

French tax

How do French tax declarations work with Leboncoin income?

Reader question: I regularly sell items on Leboncoin and Vinted. I don’t make a lot of money, but do I have to report it for this year’s tax return? Websites such as eBay, Vinted or Leboncoin are popular in France and are used by millions of people to buy and sell everything from clothes to […]

French tax

Are there any capital gain allowances for stocks?

Reader question: Regarding the reporting of capital gains on shares, are there still allowances for holding shares for a certain number of years? I believe there are options as to how to declare them, but I’m having trouble understanding. Can you clarify? AW Indeed, it is now possible to have income tax applied at a […]

French tax

ALEX BRUMMER: Sunak must ease tax hikes to boost growth

Economic confidence is a fragile thing. The more our politicians fill the airwaves with grim warnings about the rising cost of living, the more likely they are to create the conditions for a severe downturn. It turns out that the first quarter production data could have been much worse. Growth in the first quarter was […]

French tax

Idaho Governor Talks Tax Cuts After April Earnings Report | National policy

BOISE, Idaho (AP) — Idaho Gov. Brad Little is promising more tax cuts after state budget officials announced Tuesday that April tax receipts nearly doubled from what was planned. The Republican governor, in a statement, attributed the $1.2 billion in April tax revenue to conservative principles. “Idaho’s record economy is no accident,” he said. “The […]

French tax

Four Common and Costly Mistakes to Avoid

The connection asked me if I wanted to write something related to tax reporting, because that time has come again. Usually I would decline the offer – I’m not in the tax administration business as my expertise is advice oriented. A French accountant, meanwhile, will propose the tax administration. However, they only offer help in […]

French tax

Why gas prices are going up despite tax cuts

The rising cost of crude oil is driving up petrol prices amid a three-month relief period during which Kiwis are expected to benefit from cheaper fuel prices. Petrol pump (file photo). (Source: istock.com) Sweeping changes to ease the price of transport were put in place in March, with the government cutting fuel taxes and halving […]

French tax

Pension: Britons must pay 55% tax for saving “too much” for retirement | Personal finance | Finance

The Pension Lifetime Allowance limits the amount a person can save over their lifetime without being subject to tax. However, many have criticized the tax, saying it punishes those who save “too much” in their kitty. Express.co.uk spoke exclusively with Andrew Tully, Technical Director at Canada Life, about the charge. He said: ‘The pension lifetime […]

French tax

Shell profits soar to £7.3bn as calls for windfall tax grow amid energy crisis

The big problem shop Eco-friendly gift baskets that have a positive impact The Big Issue has collaborated with Social Stories Club to create limited edition gift baskets. Filled with goodies made by social enterprises, this basket would make the perfect gift for the holiday season. Despite hints from Chancellor Rishi Sunak that a windfall tax […]

French tax

Do I have to file a French tax return if I only receive a British police pension?

Question from the reader: I am a pensioner living in France and receiving a UK police pension, which is taxed in the UK. Do I have to complete a French tax return, even if I have no taxable income in France? The short answer is yes. Income from foreign pensions is declared in France, even […]

French tax

Transportation sales tax on the ballot – Orlando Sentinel

Pamela Nabors, President and CEO, CareerSource Central Florida Last week: BOOKSTORES, COME BACK: A Sentinel article highlighted Barnes & Noble’s efforts to reinvent their brand. Bookstore empires are updating their image and gaining momentum again, focusing on book lovers like me. The B&N near me recently closed and I miss it! Although I can order […]

French tax

ITR Hub: Tax impact of the Russian-Ukrainian conflict

Wars wreak economic havoc Companies facing a global supply chain crisis, coupled with rising inflation, have seen these problems have done a lot aggravated by the Russian-Ukrainian war. Its impact has rippled through global energy markets. Europe was already facing a gas crisis before the start of the war, and it is only getting worse. […]

French tax

Understanding French taxation – Are you tax resident in France?

Being domiciled for tax purposes in France means that you must declare and be liable for French income tax (and possibly social contributions/social charges as well) on all your overall income. This includes your salary and business income, investment and savings interest, rental income, capital gains, inheritance, overseas pension and any other income. You must […]

French tax

Understanding French taxation – What is a tax household in France?

So how is income tax calculated based on your family quotient? Essentially, the combined household taxable income (for example, the combined total of your and your partner’s income) will be divided by your family quotient. The tax due on each share will be calculated and added together to obtain the amount of tax due. In […]

French tax

How the French tax authorities track undeclared swimming pools

The French tax authorities now use artificial intelligence software to detect undeclared swimming pools (which require property tax payment) – although critics doubt its reliability. Since the beginning of 2021, the government body in charge of taxes, the Directorate General of Public Finances (DGFiP) has been developing an AI tool in partnership with Google and […]

French tax

How to request a tax number for your first French tax return

Question from the reader: We are British pensioners living in France. We are each under the UK tax threshold and are not required to submit UK tax returns. Do we need French tax numbers and submit declarations here? How to request the French tax number? All residents of France must file an income tax return […]

French tax

UBS pays France 800 million euros in French tax case By Reuters

© Reuters. FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann ZURICH (Reuters) – UBS has paid the French state 800 million euros ($869.92 million) in civil damages in a French tax evasion case, its annual report said on Monday. . A Paris appeals court in […]

French tax

Eight tips to avoid a French tax audit

Checks carried out by tax officials on people’s financial affairs generated an additional €7.8 billion for state coffers in 2020 (latest published figures). Maximizing tax revenue is now seen as more important than ever, which means controls are on the rise. Everyone living in France must make a declaration of their worldwide income, although tax […]

French tax

Transactions between head office and branches: the French tax authorities comment on the European cases Skandia and Dansk bank

The French tax administration (“FTA”) has just published comments clarifying its position with regard to recent case law governing the fate of flows between branches (branch or head office) of the same legal entity, which are also members of a VAT group in the State where they are established. The AFC considers the provision of […]

French tax

UBS appeals French tax evasion sanction

A French appeals court has found UBS guilty of concealing serious tax evasion and illegal banking activities in France between 2004 and 2012, when it sent Swiss bankers in front of high-net-worth French clients. (AFP) – Swiss bank UBS on Monday filed an appeal with France’s highest court over 1.8 billion euros ($2 billion) in […]

French tax

UBS bank appeals a second time against a fine for French tax evasion

UBS argues that the evidence presented in court was insufficient to establish guilt. Keystone / Sebastian Gollnow Switzerland’s largest bank, UBS, has announced that it will appeal again against a fine imposed by a French court for tax evasion offences. This content was published on December 20, 2021 – 18:04 December 20, 2021 – 6:04 […]

French tax

The fine for French tax evasion of the UBS group (UBS) reduced to 3.75 million euros

Legal hassles escalated to UBS Group AG UBS and its French unit UBS France SA, regarding the bank’s cross-border business activities in France between 2004 and 2012. A court of appeal in France ordered the Swiss bank to pay a fine of 3.75 million euros for solicitation illegal and laundering of tax evasion income from […]

French tax

UBS fails to overturn guilty verdict in French tax evasion case

Keystone / Sebastian Gollnow A Paris appeals court has confirmed that Swiss bank UBS was guilty of aiding French tax evaders – but reduced the fine from 4.5 billion euros (4.7 billion francs) to 1, 8 billion euros. This content was published on December 13, 2021 – 14:38 December 13, 2021 – 2:38 pm Matthew […]

French tax

UBS awaits verdict in French tax evasion case

Former CEO of Global Wealth Management and Business Banking at UBS, Raoul Weil, during the trial of the Swiss bank in Paris, November 15, 2018. Copyright 2018 The Associated Press. All rights reserved. After a three-year marathon trial, a Paris court is due to deliver a verdict on December 13 on Swiss bank UBS’s appeal […]

French tax

Pay less French tax on your 2021 income by giving or investing this month

With the end of the year just a few weeks away, it’s worth remembering that there are several ways to donate or invest in order to reduce your tax bill for 2021. Donating to a recognized charity is one way to reduce your taxes while helping a good cause at the same time. There are […]

French tax

Will drones join satellites to unmask French tax evaders?

The success of a new satellite campaign to unearth French property owners who evade their tax obligations by failing to declare property improvements will determine whether a hitherto rock-solid ban on the use of low-altitude drones to throw a peek into the affairs of private citizens is added to this mix of spy tools. It’s […]

French tax

French tax administration starts using aerial shots to find undeclared swimming pools

The French tax administration will analyze aerial imagery to track undeclared home improvements such as swimming pools, verandas and extensions in nine departments starting this month. The nine departments are: Alpes-Maritimes, Ardèche, Bouches-du-Rhône, Haute-Savoie, Maine-et-Loire, Morbihan, Rhône, Vendée and Var. The trial in the nine departments will last a few months, with first results expected […]

French tax

UBS able to absorb large potential fine in French tax ruling, analysts say

UBS Group AG has enough capital to absorb a potential fine of several billion euros in its ongoing tax evasion case in France, analysts say. Swiss bank appeals a 4.5 billion euros fine imposed on in 2019 by a French court of first instance which found him guilty of complicity in tax evasion, claiming that […]

French tax

French tax authorities start using aerial footage to find undeclared swimming pools

The French tax authority will analyze aerial imagery to track undeclared home improvements such as swimming pools, verandas and extensions in nine departments from this month. The nine departments are: Alpes-Maritimes, Ardèche, Bouches-du-Rhône, Haute-Savoie, Maine-et-Loire, Morbihan, Rhône, Vendée and Var. The experimentation in the nine departments will last a few months, with first results expected […]

French tax

UBS verdict postponed in € 4.5 billion French tax case | Invest News

PARIS (Reuters) – French judges on Monday deferred a ruling on UBS’s appeal against a historic fine on Monday to December 13, in a case in which the Swiss bank disputed claims it helped high net worth clients hide assets not declared abroad. The judges said the decision had to be delayed due to the […]

French tax

Macron’s government defends tax cuts and French spending with 2022 budget

PARIS, September 22 (Reuters) – The government of French President Emmanuel Macron on Wednesday defended its unprecedented tax cuts and spending in the event of a pandemic as it presented its budget plans for 2022, the presidential election year. Seven months before the poll, right-wing candidates have already attacked the government for the 130 billion […]

French tax

The Picasso family donates works of art to pay French tax

Published on: 09/20/2021 – 6:24 PMAmended: 09/20/2021 – 6:22 PM One of Picasso’s daughters gave eight of his works and a book of drawings to the French state as inheritance rights in a ceremony on Monday. Six paintings and two statues of the Spanish master were donated to the Picasso Museum in Paris by his […]

French tax

The Picasso family hands over works of art to pay French tax

One of Picasso’s daughters donated eight works of art and a book of drawings to the French state on Monday in lieu of paying inheritance tax. Six paintings and two statues by the Spanish master were donated to the Picasso public museum in Paris by his daughter, Maya Ruiz-Picasso. The works include The child with […]

French tax

The French tax authorities will work with Google to identify undeclared pools

Property tax evaders who try to hide swimming pools are targeted by aerial photos and artificial intelligence. As part of a € 12 million deal with Google and IT company Capgemini, the French tax administration will use the technology to find undeclared swimming pools, tennis courts, conservatories and extensions. These “extras” must be declared because […]

French tax

US bank reaches 25 million euro deal to settle tax evasion investigation in France

Published on: 02/09/2021 – 16:35 US banking giant JPMorgan Chase has agreed to pay 25 million euros to settle a lengthy criminal investigation into allegations it helped a French investment bank commit tax evasion. France’s financial prosecutor’s office has alleged that JPMorgan helped executives of investment group Wendel set up a profit-sharing entity that allowed […]

French tax

The French tax administration will work with Google to identify undeclared pools

Property tax evaders trying to hide the pools are being targeted by aerial photos and artificial intelligence. As part of a 12 million euro deal with Google and IT company Capgemini, the French tax authorities will use the technology to search for undeclared swimming pools, tennis courts, conservatories and extensions. These “extras” must be declared […]

French tax

Would a six month visa plus a 90 day stay make us French tax residents?

Question from the reader: We are British retirees with a second home in Brittany. If we were to visit France for a period of 90 days in a given year and then apply for a six month visa to allow us to stay longer, would that result in our pensions being subject to French tax? […]

French tax

Would a six-month visa plus a 90-day visit make us French tax residents?

Reader question: We are British pensioners with a second home in Brittany. If we were to visit France for a period of 90 days in a given year and then apply for a six month visa to enable us to stay longer, would that result in our pensions being taxed to France? J.F. The law […]

French tax

How the French tax authorities research online social networks to detect fraud

In the finance bill for 2020, the French tax and customs administration was authorized, on an experimental basis, to use information from social networks and online sales sites to trigger tax and customs investigations. The terms of application are now published. This article examines the scope of this new process, how it will work in […]

French tax

Completing your first French tax return: a simple guide

Your very first return can be submitted in paper form, which was the only option until recently. Indeed, the beginners were not registered with the tax system and did not have a tax identification number. However, you can now apply for a number online, which will also allow you to make your first declaration online. […]

French tax

New tax compliance audit process in France — In practice

How about asking the private sector to audit companies on their tax compliance? Nothing should prevent it, because it already exists in many activities for which the public authorities rely on the private sector to verify the safety regulations. The French tax administration (AFC) published on January 13, 2021 a decree (Decree n ° 2021-25 […]

French tax

UBS verdict still in a few months in a French tax case of 4.5 billion euros

PARIS, March 24 (Reuters) – French judges are due to rule in September on Swiss bank UBS’s late appeal against a heavy fine for allegedly helping wealthy clients hide undeclared assets abroad. UBS is seeking to overturn a 2019 French court ruling in which it was found guilty of unlawful solicitation of clients at sporting […]

French tax

UBS faces at least $ 3.6 billion in penalties in French tax lawsuit

FILE PHOTO: The logo of Swiss bank UBS is seen at its headquarters, as the spread of coronavirus disease (COVID-19) continues, in Zurich, Switzerland on February 17, 2021. REUTERS / Arnd Wiegmann PARIS, Reuters The French state is also seeking € 1 billion in damages, the court said in a statement – raising the potential […]

French tax

UBS launches record-breaking € 4.5 billion appeal in French tax case

ZURICH / PARIS, March 5 (Reuters) – Swiss bank UBS (UBSG.S) will appeal on Monday against a record fine of 4.5 billion euros ($ 5.37 billion) imposed by a French court for allegedly helped high net worth clients hide undeclared assets overseas. The case will be watched by banks across Europe, where fines for tax […]

French tax

UBS hits record 4.5 billion euros in tax appeal in France | Invest News

By Brenna Hughes Neghaiwi and Sarah White ZURICH / PARIS (Reuters) – Swiss bank UBS to begin appeal on Monday against a record fine of 4.5 billion euros ($ 5.37 billion) imposed by a French court for allegedly helping wealthy clients hide assets not declared abroad. The case will be followed by banks across Europe, […]

French tax

UBS heads for record €4.5 billion appeal in French tax case

By Brenna Hughes Neghaiwi, Sarah White ZURICH/PARIS (Reuters) – Swiss bank UBS will begin its appeal on Monday against a record 4.5 billion euro ($5.37 billion) fine imposed by a French court for allegedly helping wealthy clients hide undeclared assets abroad. FILE PHOTO: The company logo is seen at a branch of Swiss bank UBS […]

French tax

French tax administration tests social networks to detect fraud

The French tax administration will now be able to use the data published online to cross-check tax returns. This includes text, images, videos, and photos posted on social media sites such as Facebook, Twitter, and Instagram, as well as online shopping platforms such as Leboncoin, Vinted, and Ebay. The new measure is being implemented on […]

French tax

Amazon rejects French tax initiative, Apple negotiates

AppleInsider is supported by its audience and is eligible to earn an Amazon Associate and Affiliate Partner commission on qualifying purchases. These affiliate partnerships do not influence our editorial content. Google, Microsoft and Facebook have signed a new “Tech for Good Call”, a French initiative that includes principles on taxation. Amazon, however, refused to cooperate […]

French tax

Axa challenges the French tax ruling on Luxembourg profits

Axa challenges the French tax ruling on Luxembourg profits Taxes 16.11.2020 From our online archive French tax authorities found in 2016 that Axa made at least €130 million in undeclared profits in a Luxembourg-based structure between 2005 and 2010 French tax authorities found in 2016 that Axa made at least €130 million in undeclared profits […]

French tax

What do the changes to French tax law mean for expats?

High net worth and ultra-high net worth individuals living or owning property in France should understand the most relevant changes to French tax law, which are expected to be announced in the 2020 budget, writes Joanne Leach, Senior Client Director at Salle Strabens France. Assess the situation before acting. Remember that French inheritance rules are […]

French tax

The tax refund scam in France circulates by e-mail

Opening the message sent to personal email addresses says “Hello, after the last calculations for the exercise of your activity, we have determined that you are eligible to receive from our part in the amount of …” (Hello, our latest calculations of your professional activity show that you are eligible for a reimbursement in the […]

French tax

UBS can no longer challenge client data transmitted to the French tax authorities – Swiss Court

Band John Revill ZURICH, July 16 (Reuters) – UBS UBSG.S will no longer be informed or able to challenge customer data that Swiss tax authorities pass to their French counterparts investigating allegations of tax evasion, a Swiss court ruled on Wednesday. The Swiss Federal Administrative Court has upheld the decision to revoke UBS’s position as […]

French tax

French tax and social measures in response to the COVID 19 epidemic: Specific measures for the hotel and leisure industry | Denton

Companies in the hotel, leisure and entertainment sectors can benefit from special measures such as the cancellation of certain tax and social charges. Some of these measures have already been specified in a government press release dated April 24, 2020, which is aimed at professionals in the hotel, catering, sports, culture, tourism and leisure sectors. […]

French tax

US-French tax truce respite from strained relations with EU

DAVOS, Switzerland (AP) — France will delay its tax on big tech companies like Google and Facebook in return for a U.S. promise to suspend retaliatory tariffs — a potential sign of goodwill in growing trade relations. more tense between the United States and the European Union. After US President Donald Trump threatened the EU […]

French tax

Macron and Trump agree to extend discussions on French tax on web giants

Published on: 01/21/2020 – 09:08 The French and US presidents said on Monday they had agreed to extend negotiations on a French tax on digital companies, including Google and Facebook, postponing Washington’s threat of sanctions against Paris. French President Emmanuel Macron tweeted Monday in French and English that he had a “great discussion” with Donald […]

French tax

Tech giants push for tariffs as French tax fight intensifies

Amazon, Google and Facebook have approved the administration’s plan to impose tariffs on $2.4 billion worth of French cheese, champagne, handbags and other products if a negotiated solution fails. can be found on the tax, which applies to things such as targeted advertising and the provision of platforms that connect buyers and sellers. The Computer […]

French tax

Big tech target for French tax, Trump response could put wine and cheese in the crosshairs

As the United States and China engage in protracted negotiations to avoid a trade war, the Trump administration braces for another trade skirmish with a more unexpected foe. The latest trade battle appears to center on France, better known for its wine and cheese exports than the intellectual property theft that inspired China’s trade setback, […]