. Home >> The Embassy >> Departments >> Taxation office >> COMPUTATION OF ESTATE TAXES IN FRANCE

COMPUTATION OF ESTATE TAXES IN FRANCE

Published on October 21, 2014
  • Print
  • Text Size

A. NOTES

a. In case the deceased was domiciled outside France, the inheritance tax is payable in France on the buildings and tangible personal properties localted in France, on intangibles (clienteles, leasehold rights) and tangible (fittings, stock ) of business assets used in France and on the shares, profit shares, founders or other similar rights issued by corporations and limited liability companies with headquarters in France.

b. When the deceased was domiciled abroad and the recipient is equally non resident of France the foreign securities are not, in principle, subjected to inheritance taxes.

B. COMPUTATION OF ESTATE TAX IN FRANCE

You will find below information regarding the calculation of inheritance tax in France.

Abolition of estate taxes for:
- the surviving spouse
- partners bound by a PACS
- brothers and sisters living in the same household and who meet certain conditions.

Relief in the estate taxation for:
- disabled persons who may claim a deduction of 159,325 €.
- ascendants, children who who may claim a deduction of 100,000 €.
- nephews and nieces who may claim a deduction of 7,967 €.
- brothers and sisters who do not qualify for the total exemption, they may claim a deduction of 15,932 €.

Taxation rates for estates transferred to children or parents
Bracket of net taxable share Rate
Up to 8,072€ 5%
From 8,072 € to 12,109 € 10%
From 12,109 € to 15,932 € 15%
From 15,932 € to 552,324 € 20%
From 552,324 € to 902,838 € 30%
From 902,838€ to 1,805,677 € 40%
Over 1,805,677 € 45%
Taxation rates for donations between spouses and partners of a Pacs
Bracket of net taxable shareRate
Up to 8 072 € 5%
From 8 072 € to 15 932 € 10%
From 15 932 to 31 865 € 15%
From 31 865 to 552 324 € 20%
From 552 324 to 902 838 € 30%
From 902 838 to 1 805 677 € 40%
Over 1 805 677 € 45%

- Exemption on cash donations

For cash donation with a maximum of 31,865 € in 2012 to the benefit of a child, a grandchild, a great grandchild or, in the absence of such, a nephew or a niece, are exempt from gift tax (in the absence of a deed, such donations should be subject to the filing of form 2731). The exemption is subject to two conditions:
- the donor is under the age of 80 years on the day of transmission;
- that the recipient is at least 18 years old or has been emancipated on the day of transmission. The gift of cash may be renewed every fifteen years tax-free.

Return home

top of the page
Visit FrenchFoodInTheUs.org
Visit Green France