To be subject to income tax in France, individuals must have their tax residence in France.
The notion of tax domicile is independent of civil domicile and nationality. Thus, a French person can be considered as not domiciled in France while a foreigner is.
The real estate capital gain is the difference between the sale price and the purchase price (or the value declared in the deed of gift or inheritance). Before deciding to sell a property, it is best to know what happens to the capital gain realized.
The Research Tax Credit, abbreviated CIR, is one of the mechanisms that allow a company to reduce its taxes, and aims to support investment and activities in the field of research and development (R&D). It can benefit young companies as well as older ones. The rate of reduction is not fixed and varies according to the investments made.
After a health crisis year in 2020, the tax authority has released its 2021 business report in which it presents its annual results.
This is an opportunity to note a clear rebound in the activity of the Public Finance Department (DGFiP) in the fight against tax fraud.