Latest Updates of ESCEC

Income Tax – Dependent Minor Child – Married or PACSed Parents

February 28, 2025

This article explains how married or PACSed parents can claim minor children as dependents for tax purposes, affecting their family quotient and reducing taxable income. It also details the additional parts parents can claim per child.

Understanding Taxes in France: Income Tax Scale Explained

February 27, 2025

This article explains the French income tax scale for 2024 earnings, the family quotient, and provides an example of tax calculation for a married couple without children.

Income Tax – End-of-Contract, Dismissal, and Retirement Compensation

February 26, 2025

This article explains the taxation of end-of-contract, dismissal, and retirement compensation in France. While most payments are taxable, partial or full exemptions apply in specific cases, such as social plans, wrongful dismissals, and certain retirement schemes.

Income Tax – Professional Expenses: Flat Rate or Actual Expenses (Deduction)

February 26, 2025

This article explains how to deduct professional expenses from income tax in France, either through a 10% flat-rate deduction or by declaring actual expenses if higher.

Income Tax in France – Adult Child – Information for Parents

February 25, 2025

This article explains the tax options for parents of an adult child in France, including whether to attach them to the family tax return or let them file independently. It covers tax benefits, deductions, and key considerations for the 2025 tax return (for 2024 income).

Tax Return France – First Tax Return

February 25, 2025

This article provides essential information on filing a tax return in France, especially for first-time filers. It explains who needs to declare income, how to submit the declaration online, key deadlines for the 2025 tax return (for 2024 income), and the process for both digital and paper filings.