In
France , anyone (either resident in France or Non resident) who derives income
from a French based property, irrespective of where that income is paid or received
, must make an annual declaration of that income to the French Revenue authorities.
It is
not sufficient to rely on the fact that the income may have been declared to the
Uk Inland Revenue.
There is also evidence of increased contacts between the UK Inland Revenue and
their French counterparts. As it is a French based asset the French authorities
will expect the first option on the tax on that income .
It is also the responsibility of the Tax payer to make the declaration and not
simply to rely on the Tax authority sending them a declaration. The penalties
for late/non declaration can be severe. source David Gibson - Cabinet Berthet:
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