France First Tax Exchange Information Now In Place
French real estate owners who are expatriates need to take extra care with cross-border tax planning now that global tax transparency with the new ‘automatic exchange of information’ has started.
50 jurisdictions began collecting data from January last year were required to pass the information on by September 2017 This includes the tax authorities in Spain, France, Portugal, Cyprus, Malta, other EU countries and the UK will now start to receive new information on their taxpayers’ offshore assets and income.
Note: We are not tax advisers. We simply read this news and found it important. If you would like to contact and English speaking French tax adviser please contact us. We will help you connect at no charge for our assistance.
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