french tax system


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 […]

J2M, Paris Law Firm

J2M, Paris Law Firm

Pensions, retirements and life annuities

1. Pensions, retirements and life annuities Pensions, retirements and life annuities free of charge benefit from a reduction of 10% with a minimum and a maximum fixed each year. If part of the pension is paid in kind (housing, electricity, etc.), its amount must be estimated according to the Social […]


Dependents

Dependents The tax household, which makes it possible in particular to determine the number of shares used to calculate income tax, is made up, in addition to the taxpayer and his spouse or partner, of dependents attached to the household on a mandatory basis ( minor children) or not (adult […]

J2M, Paris Law Firm

J2M, Paris Law Firm

Income Tax: who are the taxable persons?

French income tax applies, in principle, to all income received by Taxable persons domiciled in France. But some taxpayers may be living outside of France. Moreover, some people are expressly exempt. The tax is established at the level of the tax household. 1. Extent of taxation according to domicile The […]


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 […]

J2M, Paris Law Firm

J2M, Paris Law Firm

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 […]


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 tax return

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 […]


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 […]

salaries and wages

J2M, Paris Law Firm

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 […]