Income tax return services – How we can help you
Whether you are a tax resident or a tax non-resident of France, our services in respect of the income tax return cover the following steps: positioning you in the tax regime [situating yourself in relation to French and international tax laws], preparating and processing the income tax return.
To start, the individual fills in a questionnaire, which is our device to clarify and enumerate your revenue and assets (if applicable)**, along with the tax deductions, reductions and tax credits that are relevant to you. It helps us prepare an optimized tax return.
We guarantee all income tax returns we prepare for the duration of the statute of limitations (three years), as long as there are no changes to the tax return we prepared. We do not guarantee tax returns concerning information not supplied, missing or incorrect in the questionnaire.
Individuals who are tax residents* of France, regardless of nationality, must file an annual income tax return with the French Tax Administration – whether income is earned or not, or even when a loss is incurred (e.g capital or business loss). This yearly tax return covers income earned during the preceding tax year (January to December).
From 2012, this yearly income tax return may, in some cases, be combined with the annual wealth tax return**, depending upon the category to which the individual belongs.
Individuals who are tax non-residents* of France, regardless of nationality, must file an annual income tax return with the French Tax Administration if (and only if) income from French sources is earned in the preceding tax year.
* Tax residency is determined by the criteria set out in both internal tax laws (the French tax law – Article 4 B of the General Tax Code – and your country of origin’s tax law) and by the criteria in the tax treaty signed by both countries, if it exists). When there is no tax treaty, the criteria of the internal tax laws will be applicable.
** See Wealth Tax section