French tax- the forms explained

 

Here´s a brief overview of the various tax forms in France. For further information and assistance with the preparation and filing of French tax returns, please visit our website.

If you are non-resident, with a property in France from which you receive rental income, you are obliged to submit annual French tax returns, regardless of whether you make a profit or loss on the rentals. The general returns to submit are 2042 and 2044. For special tax regimes, such as MicroBIC which can save you tax if you rent out furnished holiday accommodation and your expenditure is less than 50% of the income that you receive, an additional Form, 2042C, must be submitted.

If you have registered your property rental activity formally then you will need to submit Forms 2031 and 2033. If this is through a French property holding company, SCI, then the additional return to complete is Form 2072. If it is through a non-French company then you should use Form 2065. Note that the Tax Office has introduced obligatory online filing and, in general, 2016 is the last year when the forms can be filed manually before penalties are introduced for non-compliance.

If you are resident in France, the forms to submit are 2042 and 2042C.  If you receive income from any sources outside France, you should also file Form 2047.  In addition, there is a disclosure for bank accounts outside France in Form 3916.

If you live in France but work in Switzerland, i.e. a frontalier worker then there is an additional Form, 2047 Suisse, which is used to calculate where and how your income should be disclosed in the main tax return.

For further information and assistance with the preparation and filing of French tax returns, please visit our website.