Taxation

EXPATRIATE RETIREES IN THE CROSSHAIRS

&amp;NewLine;<h1 class&equals;"wp-block-heading">EXPATRIATE RETIREES IN THE CROSSHAIRS<&sol;h1>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>LREM&amp;comma; MP Sacha Houlié&amp;comma; denounces unequal treatment between pensioners living in France and those living abroad who have been exempted from the CSG&amp;&amp;num;8230&amp;semi hike;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Go and live in the sun&amp;comma; gain in purchasing power and enjoy their retirement in peace&amp;period; Many French people have chosen to spend their golden years abroad, in Morocco or Portugal&amp;period; Another life&amp;comma; which also has its tax advantages&amp;comma; but perhaps not for much longer&amp;excl;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">A real inequality;<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>According to Les Echos&amp;comma; majority MP Sacha Houlié would like to make them contribute&amp;period; He points to "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; non-resident taxpayers"&amp;period; "Once we've decided to make everyone contribute&amp;comma; then everyone must contribute&amp;period; It&amp;rsquo&amp;semi;s a question of solidarity and&amp;rsquo&amp;semi;fairness"&amp;comma; says the elected representative from Vienne&amp;&amp;num;8230&amp;semi;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>In a memo sent to the Elysée Palace and Bercy, he argues for an increase in contributions for pensioners who go into tax exile&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Today, French nationals living abroad are not subject to the CSG on their pensions, unlike those living in France, who have seen this contribution increase by 1&amp;comma;7&amp;percnt;&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">Withholding tax<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>As Les Echos points out&amp;period; A December 2017 decree indicated that this increase was to be passed on to their health contributions&amp;comma; but it was suspended as it would have affected all pensioners&amp;period; Regardless of their income&amp;period; Without tax data&amp;comma; impossible to&amp;rsquo&amp;semi;exempt small pensions&amp;&amp;num;8230&amp;semi;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>For Sacha Houlié&amp;comma; everything changes with <a target&equals;"&lowbar;blank" href&equals;"https&colon;&sol;&sol;www&period;boursier&period;com&sol;actualites&sol;reuters&sol;l-impot-sur-le-revenu-sera-bien-preleve-a-la-source-au-1er-janvier-annonce-philippe-223893&period;html" rel&equals;"noreferrer noopener">the introduction of the withholding tax<&sol;a>&amp;period; The French administration will be able to "know the amount of remuneration&amp;comma; salaries&amp;comma; pensions received and introduce a threshold triggering an increase in contributions"&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">Small pensions exempted <&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The MP would even be in favor of a higher increase in countries with advantageous tax regimes, such as Portugal&amp;&amp;num;8230&amp;semi; This is further fuel for criticism of the government, which is accused of making pensioners pay&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>But the LREM deputy defends himself &amp;colon; "We avoid touching the Algerian worker who receives a pension of 800 or 900 euros after a lifetime of work in France&amp;comma; he explains&amp;&amp;num;8230&amp;semi; On the other hand&amp;comma; someone who has had a good career in France with a good substitute income will contribute&amp;period;"<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The proposal is far from unanimous within the majority&amp;&amp;num;8230&amp;semi; The LREM deputy for the French abroad&amp;comma; Anne Genetet&amp;comma; has submitted a report to Edouard Philippe on mobility&amp;period; According to her&amp;comma; "wanting to apply the same CSG rate to pensioners in France and abroad makes no sense&amp;period; When you go abroad&amp;comma; you contribute to a protection system that may have&amp;rsquo&amp;semi;other disadvantages&amp;period;"<&sol;p>&amp;NewLine;

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