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French notaires want to reduce taxation on family gifts
The aim is to encourage earlier transfers of wealth between generations
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Is all pension pay declared ‘private’ in France?
Reader has a query about foreign retirement income
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Hundreds of French communes impose maximum surcharge on second homes
More than 1,600 communes can levy housing shortage surcharge of up to 60%
France’s wealth tax nets €1.8bn
The property wealth tax IFI, which replaced ISF, is bringing in more than expected – €1.8billion this year, up from €1.3billion in 2018.
When it was brought in, it was expected to net about €850million. Reasons are thought to include more tax inspections, property price increases, and online declaration which helps avoid people undervaluing their homes.
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