Sunday 18 August 2019
Select a region

Tax refund for French property owners

Tax refund for French property owners

Thursday 16 January 2014

Tax refund for French property owners


A Jersey tax specialist says Islanders who own property in France could be entitled to a tax refund following the scrapping of a "discriminatory taxation" law.

A French court has ruled that the law on foreign-owned property in France was against EU legislation and has struck it down. The ruling means that Islanders who own property in France will no longer have to pay French income tax on three-times the annual rental value of the property.

On his website www.overseaschambers.com Barrister Peter Harris, who specialises in tax advice says: "The upshot of this decision is that Jersey residents are not liable to French income tax under Article 164C and, where they have been influenced into paying it,  should be able to reclaim tax previously paid on this basis.

"Those who have declared and paid, despite Overseas Chamber's previous position to the contrary, should contact the firms having advised this action to institute reclaims of taxes unduly paid within the usual time limits. Overseas Chambers can help in dealing with repayment claims and advising on other tax ramifications of the decision."


 

Sign up to newsletter

 

Comments

Comments on this story express the views of the commentator only, not Bailiwick Publishing. We are unable to guarantee the accuracy of any of those comments.

Once your comment has been submitted, it won’t appear immediately. There is no need to submit it more than once. Comments are published at the discretion of Bailiwick Publishing, and will include your username.

There are no comments for this article.

To place a comment please login

You have landed on the Bailiwick Express website, however it appears you are based in . Would you like to stay on the site, or visit the site?