french tax system

The French Tax system needs to be mastered in order to file your returns safely and in a timely manner.


Income from self-employed professions

Income from self-employed professions is divided into 3 categories according to the nature of the activity carried out: 1. Different categories of Self-Employed income    CATEGORY NATURE OF THE ACTIVITY EXERCISED by SELF-EMPLOYED Industrial and commercial profits (BIC) Profits derived from industrial activities, commercial or artisanal: purchase of goods, materials […]

J2M, Paris Law Firm

J2M, Paris Law Firm

Payment of French income tax

Since January 1, 2019, Payment of French income tax is processed by withholding at source (PAS) according to 2 different methods varying according to the nature of the income. The payment is made by withholding at source by the debtor of income or made by installments paid by the income […]


Deduction of alimony paid to adult children

Alimony paid to adult children is deductible only when the following 4 conditions are met. The amount deductible is limited to a ceiling. 1. Principle Alimony paid to adult children is deductible only when the following 4 conditions are met: the child is not attached to the tax household of […]

J2M, Paris Law Firm

J2M, Paris Law Firm

TAX MEMO FOR BUSINESS CREATOR

Business-Creator-tax-memo To convince bankers and investors of the seriousness of your company and secure the financial balance of your cash flow, the choice of tax regimes is an essential element of your business plan or the development plan of your project. The initial choice of a tax and VAT regime […]


TAX SCHEMES FOR RENTAL OF FURNISHED PREMISES

Income resulting from the rental of furnished premises which you own, as well as those from the subletting of furnished premises which you rent, are subject to income tax in the category of industrial and commercial profits (BIC). Furnished rental is the provision of living quarters furnished with furniture when […]

J2M, Paris Law Firm

J2M, Paris Law Firm

Expenses deductible from taxable income

The law allows taxpayers to deduct certain expenses from their taxable income. These deductible expenses, exhaustively listed by law, are as follows: overall deficits from previous years; CSG deductible on income from assets; A fraction of the CSG paid is deductible from taxable income. This fraction is set at 6.8%  pension […]


Income tax household

Income tax is an annual tax which affects all the income received by the members of the income tax household.  The income tax household, which makes it possible in particular to determine the number of shares used to calculate income tax, is composed, in addition to the taxpayer and his […]

J2M, Paris Law Firm

french tax return

Guide to the French tax return

This guide will provide you with all the information and advice you need to check, correct and complete your French Tax Return and the forms. More than ever, the Individual Income Tax Return Guide will help you declare your income in your best interests, and avoid making mistakes. It will […]


French income tax scale

The Tax Bracket For the taxation of income received during the previous calendar year, the finance law provides for a revaluation of the brackets of the income tax scale. The brackets limits take into account the increase in prices excluding tobacco. Income received in 2020 Rate Income received in 2021 […]

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salaries and wages

Salaries and wages

Salaries, Wages, and benefits in kind, remuneration of managers and partners, are subject to the income tax scale after deduction of professional expenses. Professional expenses can, at the choice of the taxpayer, be deducted: either as a flat rate, or for their real and justified amount. Note: Each member of […]