Mike68

Hello Everyone, My wife and I are looking to move to Provence and I am trying to understand the extra taxes I have to pay.  We are in our mid 50's coming from Canada and retired early so we live from an investment that pays on average 55,000 Euros per year. I understand from reading that we can choose to pay the a flat 30% investment tax or go for sliding scale income tax, split the income between the two of us to minimize the tax.  What I don't understand is the social tax or other taxes.  Do I need to pay social tax? if so, I see it at different rates, sometimes at 17.5% and sometimes at 6.8%. Can someone please tell me what I can expect to have left as NET? Thanks, Mike