Frederick Posted June 16, 2011 Share Posted June 16, 2011 [quote user="NickP"]For those who want to know who their MEP is, another link: http://www.europarl.org.uk/section/your-meps/your-mepsWell done Frederick, the more the merrier. You never know? [B][/quote] My MEP got back to me within an hour . This is the reply Thank you for your email regarding the French Government's proposal to levya tax on non-resident owners of second homes in France. I personally think that this is a punitive tax which acts as a barrier toinvestment in France. As you rightly point out, second home owners alreadycontribute to the local economy through the existing taxation system andthrough the local services they use.Unfortunately, the EU does not have any power to directly intervene in thetaxation policies of Member States unless those policies breach EU law, forexample, by discriminating against citizens from other Member States or byimpeding the free movement of capital across the EU. In this case, it wouldseem likely that the proposed tax will be considered non-discriminatory asit applies to both French and non-French nationals who are non-resident. The issue of whether the law impedes the free movement of capital is yet tobe decided; the EU Commission is closely scrutinising the proposals to thiseffect and I am awaiting their verdict. Link to comment Share on other sites More sharing options...
Théière Posted June 16, 2011 Share Posted June 16, 2011 [quote user="Frederick"][quote user="NickP"] For those who want to know who their MEP is, another link: http://www.europarl.org.uk/section/your-meps/your-mepsWell done Frederick, the more the merrier. You never know? [B][/quote]In this case, it wouldseem likely that the proposed tax will be considered non-discriminatory asit applies to both French and non-French nationals who are non-resident. The issue of whether the law impedes the free movement of capital is yet tobe decided; the EU Commission is closely scrutinising the proposals to thiseffect and I am awaiting their verdict.[/quote]I would agree with them, if the French non residents were not being offered better terms i.e. a period of grace (was 6 years mentioned?) so unless we all get the same it is discriminatory.As I said in my first post, set up an AE and cut the relatives grass a few times, cost em more to collect it! then of course I will want the health service and pension rights [Www] Link to comment Share on other sites More sharing options...
Pickles Posted June 19, 2011 Share Posted June 19, 2011 According to the Torygraph, Sarko has dropped the tax:http://www.telegraph.co.uk/property/propertyinfrance/8585245/Nicolas-Sarkozy-drops-controversial-tax-on-second-homes-in-France.htmlHaven't seen this from a French source yet.RegardsPickles Link to comment Share on other sites More sharing options...
BJSLIV Posted June 19, 2011 Share Posted June 19, 2011 Looks lke the DT have lifted it from AFP...http://www.lesechos.fr/economie-politique/france/actu/afp_00353539-pas-de-surtaxe-pour-les-residences-secondaires-des-francais-de-l-etranger-182606.phporhttp://www.lexpress.fr/actualites/1/societe/francais-de-l-etranger-abandon-de-la-surtaxe-sur-les-residences-secondaires_1003755.htmlIf this is true I hope that they won't press ahead with a truly discriminatory tax on non-French owners....................EditAccording to Reuters the Government are looking to increase capital gains tax on second homes instead. At least that way you would only pay tax when you finally give up on the French dream....... Link to comment Share on other sites More sharing options...
Pickles Posted June 20, 2011 Share Posted June 20, 2011 According to Le Monde, the holiday home tax has been removed for both French and non-French non-resident owners. They're going after increases in the value of building land instead.http://bercy.blog.lemonde.fr/2011/06/20/reforme-de-lisf-le-gouvernement-veut-relever-la-taxation-des-plus-values-sur-les-cessions-de-terrains-a-batir/RegardsPaul Link to comment Share on other sites More sharing options...
FPN Editor Posted June 20, 2011 Share Posted June 20, 2011 Good news for once! Sarkozy has indeed made a u-turn on the proposed tax - great news for all British owners of holiday homes in France! We're all smiles at French Property News today. For more information, see: http://www.french-property-news.com/latest-news-and-offers-u-turn-on-holiday-home-tax-sparks-relief--246743andhttp://www.lesechos.fr/economie-politique/france/actu/0201448308291-l-etat-renonce-a-taxer-les-maisons-des-non-residents-182910.php Link to comment Share on other sites More sharing options...
Keelstow Posted June 20, 2011 Share Posted June 20, 2011 despite the apparent U-turn for this poorly conceived proposal the whole affair the leaves a bad taste. Whatever next? Do we have to put up with this uncertain economic future. I do not share your sense of reliefFor the relatively small tax revenue it would have raised he has risked loosing the trust of over a third of a million overseas homeowners to line the pockets of his rich influential friends.he uses the race card at every opportunity and I am now doubting me continued participation in such a french society. I will invest lower levels in my property and when a good opportunity arises to pack my bags I may be tempted Link to comment Share on other sites More sharing options...
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