How does France treat a life annuity?

How is income from a life annuity treated by French tax rules? In the UK, part of the payout is considered a return of capital and thus is not subject to tax, while the balance is interest and subject to tax. I live in France. J.H.

If you are referring to a pension life annuity, the answer is simple: the taxable element only is declared as pension income (on the foreign income box and in the main 2042 at 1AM/1BM).

If the life annuity is a “purchased” life annuity, then these are different from French contracts and the net (after tax) income received should be declared as investment income (as interest, in box 2TS).

You will also be liable to the social charges ...

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