You are liable for tax on everything you earn in France that is taxable in France under international tax treaties. Financial investments are liable for direct debit by your bank. Depending on the type of investment, they may be exempt.

On 1 January 2019 with the introduction of withholding at source, advance instalments and monthly payments were eliminated for income tax payments. Now, these means of payment only apply to local taxes (residence tax, property tax or tax on vacant residential premises). You may experience problems during the deduction of advance income tax instalments or the balancing tax payment (income tax or local taxes). As a non-resident, you may also be unable to open a SEPA bank account and, therefore, to have the instalment payments debited.

When you receive your tax notice, if you find an omission or a mistake, you can correct your tax return online and receive a new notice. You can only correct your return online if you have filed it online. Online correction allows you to amend your income tax returns and elements connected with the property wealth tax, which are declared using return 2042-IFI.

I live abroad and I am acquiring or keeping property in France. What are the tax repercussions for keeping, renting or selling this property? If you own or have property at your disposal in France on 1 January of the year you leave France, you are liable for local taxes (residence tax, public broadcast licence fee, property taxes on developed or undeveloped land) which are managed by the tax office in the location of this property. In addition, income from property in France or the rights concerning this property (undivided interest, bare ownership, life interest, etc.) and property rights (shares or stock in property companies) and ancillary revenue, which are received during the year you leave France, are taxable as either property income or business profits. Subject to international tax treaties, you are also liable for the property wealth tax (IFI) if you have net property assets worth more than €1.3 million in France on 1 January. As of January 1, 2023, property owners have to declare the occupancy situation for their properties using the “Biens immobiliers” (Properties) tab of their secure account on the impots.gouv.fr website. If you have any questions, don't forget to tell us your personal tax number, when you know it, as well as your complete name (if applicable, your name before and after marriage). If you live outside France, always check with the local tax authority to find out if you have filing and/or payment obligations in your country of residence, even if you pay taxes in France.