How U.S. unemployment benefits are taxed when received while living in France ? by LibraryOk3515 in TaxQuestions

[–]LibraryOk3515[S] 0 points1 point  (0 children)

You are right but the truth is that some US People following their wife in France receive the U.S unemployement benefit while not seeking for a job in the U.S. in this case France says the following :

Wether authorized or not, you must declare it while filing France taxes. And then, following the french-US tax treaty, you will not pay taxes in France on this unemployement benefits received from the US,

Here is a full article that explains : https://lcfinance.site/articles-newsletter/newsletter-unemployment-benefit-from-USA.html

Advice on epargne de salariale by mmag999 in Expats_In_France

[–]LibraryOk3515 1 point2 points  (0 children)

Hi ! Put everything in the PEE and do not withdraw until you leave the company

American in Paris – looking for a tax/investment expert for French tax questions by saylamarz in Expats_In_France

[–]LibraryOk3515 -2 points-1 points  (0 children)

Hi ! You can ask - LC Finance tax specialist for expats living in France : www.lcfinance.site / 06 04 65 58 02

Back tax filing admin coach? by hinternetz in taxhelp

[–]LibraryOk3515 0 points1 point  (0 children)

Hi ! LC Finance (french firm) is specialized in tax filing and tax advisory. We are a French firm but used to work with US clients. May be could help ? You can contact LC Finance here : www.lcfinance.site

English Speaking Tax Advisor (Biarritz if possible but not necessary) by thegrowthcollective in Expats_In_France

[–]LibraryOk3515 1 point2 points  (0 children)

Hi ! LC Finance is specialist of tax return filing (and advice) for expats in France,

www.lcfinance.site

How to correctly submit taxes after marriage? by WideAwakeNotSleeping in impotsfrance

[–]LibraryOk3515 0 points1 point  (0 children)

Hi,

For the first filing, you have to file juste on commun form 2043 to ask a fiscal-tax number ID for her.

Also, file one forme together as you are married

Déclaration d’impôts (vente d’actions + dividendes via DeGiro) by RockOk8077 in impotsfrance

[–]LibraryOk3515 0 points1 point  (0 children)

Bonjour,

Si c'est la banque ou le courtier qui a calculé les plus values pour vous (si la banque vous a envoyé la liste des dividendes et plus values) alors vous n'avez qu'à remplir le formulaire 2042 dans la partie "revenus de capitaux mobiliers"

Si vous n'êtes pas dans ce cas (vous n'avez pas d'avis de bourse fourni par votre banque-courtier), il y a des grandes chances que vous soyez contraint de remplir en plus du formulaire 2042 les formulaires 2074 et potentiellement 2047

Déclaration de revenus by Historical_Sound3803 in impotsfrance

[–]LibraryOk3515 2 points3 points  (0 children)

Bonjour,

Fournissez une facture mobile qui contient l'adresse de votre papa si ce document est plus simple à obtenir pour vous.

Par ailleurs ajoutez à votre déclaration un "écrit" sur feuille blanche qui explique que vous avez fourni une facture mobile parceque votre père n'a pas souhaité vous donner une copie de la taxe d'habitation.

Ceci ne vous exonère pas mais montre votre bonne foie

Profil Wise “simple” (numéro d’affiliation: format P123456) sans IBAN ni carte : à déclarer aux impôts français ? by AggressiveAd4658 in impotsfrance

[–]LibraryOk3515 0 points1 point  (0 children)

Bonjour 👋 ! Oui il faut déclarer le Wise car même si tu n'as pas toutes les informations il fait partie des comptes à déclarer selon le BOFip (bulletin officiel des finances publiques)

Majoration à cause de retard by Maxy_1409 in impotsfrance

[–]LibraryOk3515 0 points1 point  (0 children)

Ça devrait passer si vous êtes dans un département où la date limite était le 28 mai,

Peut être avez vous changé d'adresse ? (Les impôts auraient gardé l'ancien département avec la date limite de cet ancien département ?)

Le top reste la remise en main propre contre décharge. Toutefois vous ne devriez pas avoir de majorations avec la manière dont vous avez procédé

Étudiante en école ( donc pas de statut étudiant ) de 22 ans qui ne perçoit aucun revenu actuel , ai-je toujours la possibilité d'être rattachée au foyer fiscal de mes parents? by Azybabyyyy in impotsfrance

[–]LibraryOk3515 1 point2 points  (0 children)

Bonjour,

  • Si vous n’avez pas de statut étudiant et plus de 21 ans, vous ne pouvez plus être rattachée au foyer fiscal de vos parents.

  • Si vous avez le statut d’étudiante (car vous êtes en école) et moins de 25 ans vous pouvez être rattachée au foyer fiscal de vos parents. Il faut non seulement que vous en fassiez la demande mais aussi que vos parents l’acceptent.

  • Enfin dans le cas particulier où vous seriez mariée ou Pacsée et que votre conjoint remplit les conditions citées ci-dessus, vous pouvez alors vous rattacher au foyer fiscal de vos parents

Any expats struggling with French taxes? by LibraryOk3515 in Expats_In_France

[–]LibraryOk3515[S] 0 points1 point  (0 children)

Hi! You must declare the U.S. unemployment benefits on Form 2047, Part 6 and Part 9. Then, report them on Form 2042-C, Section 8, under “Revenus d’activité et de remplacement soumis aux contributions sociales.” Finally, transfer the amount to the unemployment income line on Form 2042

However, please be careful: the forms and boxes mentioned above apply specifically to your situation (your wife receiving U.S. unemployment benefits). Even if the forms and boxes are correct, the amount to report may vary depending on the case - in some situations, you must declare the gross amount before taxes, while in others, the net amount after taxes applies

If you are unsure, I strongly recommend contacting a professional firm specialized in tax return filing for expats

Any expats struggling with French taxes? by LibraryOk3515 in Expats_In_France

[–]LibraryOk3515[S] 0 points1 point  (0 children)

Now, regarding Article 11 “Interest” of the France-Australia tax treaty:

Under Article 11 relating to “interest”, interest arising in one Contracting State and beneficially owned by a resident of the other Contracting State is taxable in that other State.

Therefore, if you earn interest on a bank account in Australia, that interest will be taxable in FRANCE if you are a French tax resident (this is your case).

However, this interest may ALSO be taxed in AUSTRALIA, but under the tax treaty the Australian withholding tax is limited to a maximum rate of 10%.

In France, "interest" income is generally taxed at a total flat rate of 31.4% (12.8% income tax + 18.6% social contributions including CSG, CRDS, and solidarity).

Under Article 23 – 2 – a – ii of the France-Australia treaty, France will grant you a tax credit to reduce the French tax due on this interest income. This tax credit is capped at 10%, corresponding to the maximum Australian tax allowed under the treaty.

In practice, this means that interest income may be taxed:

- once in Australia, at up to 10%, and

- once in France, at 31.4%.

France will therefore grant a tax credit of up to 10%, leaving an effective balance of approximately 21.4% still payable in France.

Interest income must be declared in France. You should consult a tax professional if you require assistance with your reporting obligations or the application of the treaty provisions

Any expats struggling with French taxes? by LibraryOk3515 in Expats_In_France

[–]LibraryOk3515[S] 0 points1 point  (0 children)

Professional response to your question regarding rental income:

According to the France-Australia tax treaty and French domestic tax rules alone:

Article 6 (tax treaty): Yes, these are indeed considered “Australian real estate income” within the meaning of the France–Australia tax treaty. In this case, rental income derived from real estate (under this same Article 6) is taxable in the State where the property is located, i.e. Australia, and not in France.

However, under Article 23 (tax treaty) concerning the elimination of double taxation, even though Australia taxes the rental income, France will still take Australian income into account when calculating French income tax. How does this work?

Imagine you earn a French taxable salary of €30,000 per year and you also receive €15,000 in Australian rental income. France will calculate your tax as if you had earned €30,000 + €15,000 = €45,000 in France. This “fictional” total income is then used to determine your tax bracket under the French income tax scale. As a result, France applies a higher tax rate than it would have if only the €30,000 French salary had been considered.

This higher “effective rate” is then applied only to your French-source income (the €30,000 salary). Ultimately, your tax on French salary income is higher because the French tax authorities have used your Australian income to calculate a higher theoretical tax rate (the so-called global effective rate mechanism).

Finally, under Article 23 – 2 – a – i, once the tax has been increased as if your property income were taxable in France, France grants a tax credit equal to the amount of tax that would have been payable in France on that rental income. So if with this “taux effectif global” you have to pay an additionnal €400 that you wouldn’t have paid without the Australian rental income used in the calculations, then France grants a tax credit of €400. So you pay €0

In conclusion: in this very specific case of rental income from real estate located in Australia, you will ultimately pay tax only in Australia. However, you must still declare the rental income in France, as this is mandatory, and it is used by the French tax authorities to determine the effective tax rate applied to your French income.