Good News Bad News on French Property

September 6, 2007 at 11:09 pm · Filed under French Property

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Do you want to hear the good news first or the bad news?

Good News - President Sarkozy has introduced some new measures. So the good news - three significant changes. On IHT (Inheritance Tax): There is an exemption for husband and wife, and the exemption has increased to 150,000 euros for each child.


French Wealth Tax

On the dreaded Wealth Tax, there have been significant changes. First you are assessed on 70% of the value of your assets, and the starting asset value has increased to 760,000 euros. So no wealth tax would be due on properties up to 1 million euros. …

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