6.2. Rates of French Taxation

---

If the gift is larger than the allowances that are available then the recipient is liable to gifts tax on the value of the gift over the allowance.

The rate of taxation applicable depends on the type of gift, and the donee.

The taxable amount is then reduced by an age allowance, available to the donor.

The taxable amount is the sum applicable after deductions of the permitted allowance.

In addition, the tax is applied on a 'sliced' basis so that each slice of the total sum is taxed at a different rate.

The rates are set out below. Remember, these rates apply only if you exceed the gifts allowances discussed in the last section.

Table: Gifts Between Parents and Children

Taxable Amount	Rate of Tax
Less than €7600	5%
€7,600 - €11,400	10%
€11,400 - €15,000	15%
€15,000 - €520,000	20%
€520,000 - €850,000	30%
€850,001 - €1,700,000	35%
More than €1,700,000	40%

Table: Gifts Between Married Couple/Civil Partners

Taxable Amount	Rate of Tax
Less than €7600	5%
€7,600 - €15,000	10%
€15,000 - €30,000	15%
€30,000 - €520,000	20%
€520,000 - €850,000	30%
€850,001 - €1,700,000	35%
More than €1,700,000	40%

Table: Gifts Between Brothers and Sisters

Taxable Amount	Rate of Tax
Less than €23,000	35%
Greater than €23,000	45%

Others family members are taxed at the rate of 55% and those outside the family at the rate of 60%.

---

Next: Gifts of Real Estate

Back: Gifts Tax Main Index