cricri Posted June 17, 2013 Share Posted June 17, 2013 Salute All,Have i heard correctly...that transfering money from abroad to a french bank account incurs a small tax now?T Link to comment Share on other sites More sharing options...
Gardian Posted June 17, 2013 Share Posted June 17, 2013 I sincerely hope and expect that what you may have heard .................. is complete bollocks. Link to comment Share on other sites More sharing options...
cricri Posted June 18, 2013 Author Share Posted June 18, 2013 I do too Gardian. I heard something towards the end of lastyear that from the 1st Jan 2013 Mr Hollande would tax money transfers fromabroad. Something to do with topping up the economy. Might also be something todo with the French ministers hiding their hard earned cash in overseasaccounts. Hence…telling the tax man about overseas accounts. I need to go to mybank this week so I will ask and inform the group. Link to comment Share on other sites More sharing options...
parsnips Posted June 18, 2013 Share Posted June 18, 2013 [quote user="cricri"]I do too Gardian. I heard something towards the end of lastyear that from the 1st Jan 2013 Mr Hollande would tax money transfers fromabroad. Something to do with topping up the economy. Might also be something todo with the French ministers hiding their hard earned cash in overseasaccounts. Hence…telling the tax man about overseas accounts. I need to go to mybank this week so I will ask and inform the group.[/quote]Hi, You may have heard that there is a new obligation on banks to tell the fisc about virements over (I think) 2000€ -this is about money-laundering and not with the intention of taxing the capital transferred, which would be extremely draconian- (although Cyprus has set a precedent). Link to comment Share on other sites More sharing options...
nomoss Posted June 18, 2013 Share Posted June 18, 2013 Maybe you heard something about the EU Financial Transaction Tax to be levied on financial institutions?http://ec.europa.eu/taxation_customs/taxation/other_taxes/financial_sector/ Link to comment Share on other sites More sharing options...
idun Posted June 18, 2013 Share Posted June 18, 2013 If you are transferring from the UK, well, it is in the EU and classed as such, so there should be no charge. Now if the UK leave, who knows.When I first started transferring money to the UK on a regular basis, my french conseillere told me that the charge would be the same as a eurozone transfer, that is how she explained it and now they don't charge me at all. And if a french bank believes that the £ is 'in', as that is the actual term she used, in english 'in', then how could they charge within the eurozone????[Www]Ofcourse she could have been telling me a load of rubbish, but being charged next to nothing suited me and I don't even get charged these days for our regular transfers. Link to comment Share on other sites More sharing options...
Sprogster Posted June 18, 2013 Share Posted June 18, 2013 As someone who deals with this on daily basis as part of my day job, I can reassure you that there are no taxes on transfers of money to France. Maybe, the person who told you this was confused with banking charges? Link to comment Share on other sites More sharing options...
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now