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12. Gift Tax in France
12.5. Gifts and Inheritance Laws in FranceThere are two important points to bear in mind concerning the relationship between gifts and French inheritance laws. First, whilst there are relatively generous gift allowances, French inheritance law places a limit on the amount of your property that you can freely dispose of by way of gifts. This is because children are protected heirs, with entrenched inheritance rights.
Second, even though you can make a gift free of tax every ten years, if you die before the expiry of the ten year period then the gift is added to the total value of the estate for the calculation of inheritance tax. The ten year period must expire to be clear of any form of taxation. Next: Procedures for Making Gifts Back: Gifts of Real Estate in France Couldn't find what you are looking for? Search again now!! The Guides to France are published for general information only. Please visit our Disclaimer for full details. |
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