EXPATRIATE TAX REFORM: THINGS ARE CHANGING

&amp;NewLine;<h2 class&equals;"wp-block-heading">Expatriate tax reform postponed for a year<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The tax reform for non-resident French citizens, which was due to come into force in <strong><a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;fiscalite-des-francais-non-residents&sol;"><span style&equals;"text-decoration&colon; underline&semi;">effective January 2020<&sol;span><&sol;a><&sol;strong> is postponed to January 1, 2021&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h3 class&equals;"wp-block-heading">Government backtracking <&sol;h3>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The government has finally decided to postpone by one year the reform of the taxation of non-resident French nationals. This reform, which was supposed to bring the taxation of residents into line with that of non-residents, is rightly causing a great deal of concern among French nationals living abroad&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>This decision was adopted on October 15&amp;comma; through an amendment to the 2020 Finance Bill currently before the National Assembly&amp;period; This delay will enable Parliament and the government to clarify the consequences of the reform on the diversity of situations of non-residents&amp;comma; a <strong><a href&equals;"https&colon;&sol;&sol;www&period;economie&period;gouv&period;fr&sol;presse&sol;communiques&sol;gerald-darmanin"><span style&equals;"text-decoration&colon; underline&semi;">explained the Ministry of Action and Public Accounts in a press release on October 17.<&sol;span><&sol;a><&sol;strong>&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Currently&amp;comma; certain French-source income of non-residents &amp;lpar;salaries&amp;comma; wages&amp;comma; pensions&amp;rpar; is subject to a derogatory withholding tax &amp;lpar;with three brackets &amp;colon; at 0&amp;nbsp&amp;semi;&amp;percnt;&amp;comma; 12&amp;nbsp&amp;semi;&amp;percnt; and 20&amp;nbsp&amp;semi;&amp;percnt;&amp;rpar;&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The reform passed last year provided for these revenues to be taxed at 20 &amp;percnt; from the first euro&amp;comma; then at 30 &amp;percnt; above 27&amp;ThinSpace;520 euros&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<figure class&equals;"wp-block-embed-wordpress aligncenter wp-block-embed is-type-wp-embed is-provider-vivre-au-portugal-consulting"><div class&equals;"wp-block-embed&lowbar;&lowbar;wrapper">&amp;NewLine;<span class&equals;"v5y0p3cr8wxmxij6dn2unrm"><blockquote class&equals;"wp-embedded-content" data-secret&equals;"l4midt7h9m"><a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;fiscalite-des-francais-non-residents&sol;">TAX OVERHAUL FOR NON-RESIDENT FRENCH CITIZENS<&sol;a><&sol;blockquote><iframe title&equals;"« refonte de la fiscalitÉ des franÇais non rÉsidents » &&num;8212&semi; vivre au portugal consulting" class&equals;"wp-embedded-content" sandbox&equals;"allow-scripts" security&equals;"restricted" style&equals;"position&colon; absolute&semi; clip&colon; rect&lpar;1px&comma; 1px&comma; 1px&rpar;&semi;" src&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;fiscalite-des-francais-non-residents&sol;embed&sol;&num;&quest;secret&equals;l4midt7h9m" data-secret&equals;"l4midt7h9m" width&equals;"600" height&equals;"338" frameborder&equals;"0" marginwidth&equals;"0" marginheight&equals;"0" scrolling&equals;"no"><&sol;iframe><&sol;span>&amp;NewLine;<&sol;div><&sol;figure>&amp;NewLine;