Tax shield in France

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Tax shield in France

The Parliament in France just voted the Tax Shield: the total of direct taxes cannot exceeds 60% of the gross income: income tax, wealth tax, councils taxe. Tax payers can ask to be refunded if the total amount exceeds 60%.

The new range of calculation for income tax has been reviewed too and the maximum range will be 40% instead of 48%.

The tax shield and new ranges for income tax will be in application for the 2006 incomes.

CLV Properties.

Bertrand Le Mire | Date Published : 2005-11-21 10:20:54 | Last modification time : 2005-11-23 20:42:23

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