Resident Status

Individuals who are tax residents* of France, regardless of nationality, are subject to wealth tax in France if the value of their worldwide tangible assets (real estate properties, automobile(s) , furniture, and jewelry etc…) and their financial assets (equity, bonds, liquidity etc…) is over 1 300 000 € .

They must file an annual wealth tax return with the French Tax Administration.

Non-Resident Status

Individuals who are tax non-residents* of France, regardless of nationality, are subject to wealth tax in France if the value of their French-located tangible assets only (real estate properties, automobile(s), furniture, and jewelry, etc…) is over 1 300 0000 €.

Financial assets are excluded.

They must file an annual wealth tax return with the French Tax Administration.

New wealth tax return regime – applying from 2012

Category 1 – Tax residents who need to file an integrated income and wealth tax return

You earn (or not) income and your wealth is more than 1 300 000 euros but less than 3 000 000 euros .

Filing deadline: end of May

Category 2 – Tax residents who need to file a separate income tax return and a wealth tax return

You earn (or not) income and your wealth is more than 3 000 000 euros.

Income tax return deadline: end of May

Wealth tax return deadline: 15th June

Wealth 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 wealth tax return cover the following steps: positioning you in the tax regime, preparation, and processing.

This service is provided to individuals and also to companies helping their employees with their wealth tax returns.

To start, the individual fills in a questionnaire, which is our device to clarify (or enumerate) your assets, along with the tax deductions, reductions and tax credits that are relevant to you. It helps us prepare an optimized wealth tax return.

Our guarantee

We guarantee all wealth tax returns we prepare during the statute of limitations (six years for wealth tax) as long as there are no changes to the wealth return we prepared. We do not guarantee the wealth returns concerning information not given, missing or incorrect in the questionnaire.

* 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.