02.06.2009 - French property owners beware of wealth tax change
From French-property-news.com: People who own property in France will no longer be able to avoid a potentially hefty tax bill by setting up a non- trading company, according to a UK tax expert. The French wealth tax was introduced for the second time in 1989 and applies to foreigners living in the country as well as French residents. UK residents are liable to pay wealth tax if they have a French property worth more than €790,000.........Full Article: Source
Print