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26 January 2018

French Finance Bill for 2018 impacts trust reporting rules

Since 2011, various regulations have been enacted in France to regulate trusts and to prevent tax avoidance by individual taxpayers. These regulations, often referred to as the "French mini-FATCA (Foreign Account Tax Compliance Act) for trusts," include various components. Some of the features of these regulations have been specifically designed to address the avoidance of the French net wealth tax, among other taxes due by individuals.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2018-0207

Document ID: 2018-0207

 

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