Latest Updates of ESCEC

Moving to France from the USA? Think About Your Tax Implications First!

September 20, 2024

This article offers a comprehensive guide for Americans living in France, covering essential tax obligations, dual filing requirements, and reporting foreign assets. Learn how to navigate the complexities of both the U.S. and French tax systems to ensure compliance and avoid penalties. Perfect for those planning a move or already residing in France.

Furnished Rentals: Primary or Secondary Residence – Occasional Rental Leads to Partial Deduction

September 19, 2024

This article explains that for LMNP rentals, owners can only deduct expenses based on the rental period, even with a year-long lease. This rule applies to privately owned properties.

Micro-Entrepreneurs: Opt for the Fixed Tax Payment Before September 30, 2024

September 18, 2024

This article reminds micro-entrepreneurs to opt for the fixed tax payment by September 30, 2024, for 2025 income. It covers eligibility based on household tax income, specific tax rates for different activities, and how to apply or exit the regime.

Exploring Wage Portage 2025

September 17, 2024

This article discusses wage portage, a system that allows freelancers to work independently while enjoying employee benefits. It explains how the process works, its advantages and challenges, and who can benefit from using a portage company to manage administrative tasks like invoicing and payroll.

Property Tax in France: Your 2025 Guide to Understanding and Managing French Real Estate Taxes

September 12, 2024

This article provides a comprehensive guide to navigating property tax in France for 2025, covering key aspects like acquisition costs, rental income tax, local taxes, and the real estate wealth tax (IFI). Ideal for both local and international investors, it offers essential insights to help you manage and optimize your French real estate investments.

Essential Guide to French Real Estate Taxes for Property Buyers

September 11, 2024

This article explains the key French real estate taxes to consider when buying property in France, including acquisition costs, rental income taxes, local property taxes, the real estate wealth tax (IFI), and capital gains tax. For expert advice, contact ESCEC International, your trusted accounting firm in Paris.