capital gains tax in France

Discussion in 'Taxes and Accounting' started by NickBarings, Jun 19, 2006.

  1. What tax you have to pay on speculative profits in France ?

    They also have some kind of wealth tax, how much is that ?
     
  2. Can't remember what the tax is called but it is approx 27% capital gains

    The 'impot de solidarite sur la fortune' is a sliding scale...for 2006 it is x% of anything over €750k, I beleive it is between 1 & 1.75% per annum of the difference, so if your net worth is €1mill then it is 1-1.75% of 250k
    see the link
    http://www.impots.gouv.fr/portal/dg...AVARXAIV1?pageId=particuliers&espId=1&sfid=10

    it is ISF 2006

    France is a nightmare for taxation!!!! get some real advice before you move here!!!

    regards