<h5 class="p1"><span class="s1">Expatriation among households earning more than 100,000 euros a year continues to rise&period; Departures concern almost 1&percnt; of the wealthiest taxpayers&period;</span></h5>&NewLine;<p class="p2"><span class="s1">According to the annual report from the French Ministry of Finance&comma; sent to the Les Républicains chairman of the Finance Committee&comma; Gilles Carrez&comma; <span class="s2">departures abroad</span> among households with a reference tax income of over 100&period;000 euros continued to rise in 2014&comma; the last year for which these data are available&period; The&rsquo&semi;tax administration recorded over 4&period;100 departures among these households&comma; a further increase of 10 &percnt; in one year&period;</span></p>&NewLine;<h5 class="p3"><span class="s1">More precise data</span></h5>&NewLine;<p class="p2"><span class="s1">The subject of many fantasies and endless debate&comma; tax exile is difficult to grasp insofar as the register of French nationals living abroad is not exhaustive&comma; registration is not compulsory&period; More reliable&comma; data from the tax authorities do not reflect the real motivations for expatriation&comma; knowing that consular network surveys most often show that it is professional opportunities that drive French people to leave&period;</span></p>&NewLine;<p class="p1"><span class="s1">Data from Bercy&comma; published since 2012 and going back as far as 2007&comma; are beginning to provide sufficient hindsight to gain a better understanding of this phenomenon&period; On a steady rise since 2007&comma; departures clearly accelerated from 2011 onwards&lpar;there were only 1&period;330 departures in 2010&rpar;&comma; even if we are far from the&rsquo&semi;mass exodus sometimes denounced by the&rsquo&semi;opposition&period; Every year, expatriation represents around 0&comma;6 &percnt; of households earning more than 100&period;000 euros&period; But given the concentration of&rsquo&semi;income tax&comma; the phenomenon can already have an impact on tax revenues&period; These households account for almost 38&percnt; of income tax revenues&period; And the&rsquo&semi;cumulative effect comes into play&period;</span></p>&NewLine;<h5 class="p2"><span class="s1">Fewer departures by the wealthiest among us</span></h5>&NewLine;<p class="p1"><span class="s1">At <span class="s2">the wealthiest taxpayers</span> The number of departures fell slightly in 2014&period; Among households with incomes over 300&period;000 euros&comma; there were 589 departures in 2014&comma; compared with 659 in 2013&period; This represents just over 1&percnt; of households in this income bracket&period; Here too&comma; the long-term trend is upwards&comma; since&rsquo&semi;between 2007 and 2010&comma; the&rsquo&semi;administration recorded between 130 and 170 departures each year&period; In 2014&comma; France even lost some very high earners &colon; 127 among households earning more than 700&period;000 euros&comma; including 75 in the income category above 1 million&semi;euros&period;</span></p>&NewLine;<p class="p1"><span class="s1">A similar trend can be seen for ISF taxpayers&period; For assets worth over 1&comma;3 million&&semi;euros&comma; departures fell slightly in 2014&comma; from 815 to 784&comma; but they had increased by 10 &percnt; to 20 &percnt; per year since 2011&period; Every year&comma; <span class="s2">these departures cause France to lose</span> between 15 and 30 million&rsquo&semi;euros in ISF&period; Among taxpayers who left in 2014&comma; more than 60 &percnt; declared a reference tax income in excess of 100&period;000 euros&comma; which gives an idea of the "tax substance" that thus&rsquo&semi;evaporates&period; Around 20 &percnt; declared net assets in excess of 4&comma;5 million euros&period; Among ISF&comma;taxpayers, there was a parallel increase in returns &lpar;300 in 2014&comma; compared with 225 in 2013&rpar;&comma; but they yielded less for the public purse &colon; only 2&comma;4 million in 2014&period;</span></p>&NewLine;<h5 class="p1"><span class="s1">Stabilization among entrepreneurs</span></h5>&NewLine;<p class="p2"><span class="s1">The last indicator used to measure tax exile is that of "exit tax" declarations, a tax re-created in 2011 that affects <span class="s2">capital gains</span> Its initial objective was to limit the temporary exile of company directors wishing to sell their holdings under more advantageous tax conditions. It subsequently became a tax aimed at the wealthiest taxpayers tempted to leave for tax reasons;</span></p>&NewLine;<p class="p2"><span class="s1">Here again&comma; the underlying trend is confirmed &colon; after a sharp increase in 2012 and 2013&comma; the number of departures&rsquo&semi;stabilized in 2014&comma; around 400 declarations&period; This means that&comma; cumulatively over four years&comma; the&rsquo&semi;administration has recorded almost 1&period;400 departures&comma; most of them being heads of&rsquo&semi;companies&period; Almost 70 &percnt; of them declared a tax income of over 100&period;000 euros</span></p>&NewLine;<p class="p2"><a href="http://www.lesechos.fr/economie-france/budget-fiscalite/0211524684690-exil-fiscal-les-departs-a-letranger-des-contribuables-aises-ne-faiblissent-pas-2045144.php#x2lyuxjtxrs1av2i.99"><span class="s1">Source</span></a></p>&NewLine;
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