Taxable assets

You inherit movable and/or immovable assets

The deceased was a French resident

All inherited movable or immovable assets, located in France or elsewhere, are taxable in France.

This applies irrespective of your domicile (inside or outside France) when the inheritance was transferred.

The deceased was not a French resident

If you are not resident of France for tax purposes on the date when the inheritance is transferred or were not resident for at least six of the ten years prior to this date, then you owe taxes on transfers without valuable consideration on the movable or immovable assets which you inherit and which are located in France. This applies whether you own the assets directly or indirectly and taxable assets include public funds, ownership interests, the assets or rights constituting a trust, French receivables and securities.

If you are resident of France for tax purposes on the date of the transfer and were also resident for at least six of the ten years prior to this date, then you owe taxes on transfers without valuable consideration on the movable or immovable assets which are located in France or outside France that you inherit. Taxable assets include public funds, ownership interests, the assets or rights constituting a trust and, more broadly, all French and foreign securities of any nature whatsoever.