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10. French Wealth Tax
- 10.1. Liability to the Tax in France
10.2. What Assets are Included in French Wealth Tax?
10.3. Rate of Wealth Taxation in France
10.4. Wealth Tax Declarations
10.3. Rate of Wealth Tax in France
The rates of taxation applicable for 2008 are shown below.
Table: French Tax Bands 2008
| Up to €770,000 | 0% |
| €770,000 - €1,240,000 | 0.55% |
| €1,240,000 - €2,450,000 | 0.75% |
| €2,450,000 - €3,850,000 | 1.00% |
| €3,850,000 - €7,360,000 | 1.30% |
| €7,360,000 - €16,020,000 | 1.65% |
| Over €16,020,000 | 1.80% |
It is important to note that the tax is imposed on a sliced basis so that, for instance, if you owned net assets valued at €1,000,000 you would only pay tax on €230,000 at the rate of 0,55%, as the first €770,000 has a zero rating.
Next: Wealth Tax Declarations
Back: What Assets are Included in French Wealth Tax?
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Finance & Taxation