11. French Capital Gains Tax

1. 11.1. French Real Estate Exemptions
   11.2. French Real Estate Deductions
   11.3. French Tax Rate
   11.4. Shares and Other Property
   11.5. Development Land
   11.6. Your Former Home

11.3. French Tax Rate

The applicable tax rate for gains on real estate will depend upon your country of residence for taxation purposes.

In all cases the tax is applied at the time of the sale in the offices of the notaire, and will be deducted from the sale proceeds before the cheque is handed over.

11.3.1. Resident of France

If you are a resident of France then the applicable tax rate is 27%.

This sum comprises capital gain tax at the rate of 16%, plus 11% social welfare levy.

If you want to get some idea of what you might have to pay in capital gains tax on the sale of a property then you can do so by visiting Capital Gains Automatic Calculator and working through the self-assessment questions.

11.3.2. EU Resident

If you are not resident in France, but you are resident in the EU, then the applicable tax rate is 16%, as no social welfare levy is payable.

11.3.3. Non-Resident of France

Those who are neither resident in France nor the EU pay capital gains tax at the rate of 33.3%.