Taxation

FRENCH ABROAD AND TAXATION

&amp;NewLine;<h1 class&equals;"wp-block-heading">FRANÇAISE DE L&amp;rsquo&amp;semi;ÉTRANGER A REPORT RECOMMENDS ENABLING THEM TO BENEFIT FROM TAX REDUCTIONS AND CREDITS<&sol;h1>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">French nationals living abroad are currently excluded from most of the tax deductions&amp;period; enjoyed by all taxpayers resident in France&amp;period; LREM MP Anne Genetet is proposing that they benefit from them and that certain compulsory levies be abolished&amp;period;<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>A report submitted to Édouard Philippe on Tuesday proposes measures to improve the situation of French nationals living abroad, deploring rules that are "either extremely complex or unsuitable, and sometimes even unfair or inequitable";<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Prepared by LREM MP for the French abroad Anne Genetet&amp;period; This report includes a major tax section&amp;period; In particular, it suggests opening up certain expense deductions and tax credits to "non-residents" living abroad&amp;comma; defending "greater tax justice"&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Currently, non-residents who pay tax on their income earned in France are excluded from most of the deductions available to taxpayers resident in France;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The report suggests, for example, allowing them to benefit from deductions linked to alimony&amp;period; energy renovation or the so-called Pinel scheme&amp;period; on condition that the expenses concerned are incurred in France&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p><strong>Other proposal&amp;period;<&sol;strong> Abolish the 20% minimum tax rate for non-residents, which is "profoundly unfair to the lowest incomes"&amp;period; The report also proposes the "abolition of social levies"&amp;period; Such as the CSG on income from real estate assets, which is the subject of a European dispute&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">Matignon supports "the major part" of these tracks<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>It's time to stop considering non-residents as potential tax exiles&amp;period; And to make them pay for the baseness of a tiny fraction&amp;period; On the contrary&amp;comma; French people abroad want to be considered as full members of the national community"&amp;period; Argues Anne Genetet&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>In terms of social security&amp;period; She also suggests slowing down the increase &amp;lpar;&amp;plus;4&amp;comma;9&amp;percnt; in 2018&amp;rpar; of the "Cotam"&amp;comma; a contribution paid by French retirees abroad to be able to continue to benefit from healthcare reimbursements while staying in France&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>In a press release from Édouard Philippe, Matignon expressed its support for "the majority of the objectives and areas for improvement proposed in the report"&amp;comma; particularly with regard to simplification&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>He recalls the government's commitment to introduce Internet voting for consular elections and the next legislative elections in 2022&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>However, the Prime Minister is more cautious in his support for the tax package: "Some &amp;lbrack;proposals&amp;rsqb; may be reflected in the end-of-year financial laws&amp;comma; subject to the consultations that the government will be conducting over the coming weeks"&amp;comma; the Matignon press release states&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">Pensioners living abroad did not benefit from the CSG hike<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Still with this concern for&amp;rsquo&amp;semi;equality between residents and non-residents&amp;period; Another En Marche deputy&amp;comma; Sacha Houlié&amp;comma; proposes&amp;comma; him&amp;comma; in a note sent to Bercy to abolish an advantage enjoyed by French pensioners living abroad&amp;rsquo&amp;semi;There is a real inequality between pensioners in France who have suffered an increase in the CSG&amp;comma; that we assume, and those who have not&amp;comma; tax non-residents"&amp;comma; believes the deputy from Vienne&amp;comma; relates the following points <a href&equals;"https&colon;&sol;&sol;www&period;lesechos&period;fr&sol;politique-societe&sol;gouvernement&sol;0302238955636-impots-la-taxation-des-retraites-expatries-refait-surface-2204160&period;php"><em>Echoes<&sol;em><&sol;a>To counter this "inequality", he is proposing to increase the contributions of pensioners living abroad&amp;period; A measure that is likely to become an amendment&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;bfmtv&period;com&sol;economie&sol;francais-de-l-etranger-un-rapport-preconise-de-leur-faire-beneficier-des-reductions-et-credits-d-impots-1521555&period;html" target&equals;"&lowbar;blank">Source<&sol;a><&sol;p>&amp;NewLine;

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