pomme Posted June 1, 2011 Share Posted June 1, 2011 I've read the tax FAQ and searched the forum but cannot see anything on how drawdown pensions (or QROPS) are declared in the French tax system. Are they treated as income/pensions (somewhere in section 1 of form 2042) or as investment income (somewhere in section 2 of form 2042) or elsewhere?How they are counted would seem to make a significant difference in the amount of tax/social charges compared to an annuity?Can anyone help? Link to comment Share on other sites More sharing options...
Benjamin Posted June 2, 2011 Share Posted June 2, 2011 It's treated as a private pension. Link to comment Share on other sites More sharing options...
Mikep Posted June 2, 2011 Share Posted June 2, 2011 i.e. box 1AS (1BS for spouse).Watch out, though, ("tax free") lump sums are now taxed as income. Link to comment Share on other sites More sharing options...
Albert the InfoGipsy Posted June 2, 2011 Share Posted June 2, 2011 There could also be a teensy weensy confusion between American, French and British treatments here, too. Link to comment Share on other sites More sharing options...
Albert the InfoGipsy Posted June 2, 2011 Share Posted June 2, 2011 [quote user="Benjamin"]Welcome to the forum Daniel01.AlbertI feel an orchestra is forming here. I'm in the wind section. Where are you?[/quote]I'm quite well known as a bit of a fiddler, Benjamin. Do you think there are some who should be in the band (sp?)? Link to comment Share on other sites More sharing options...
pomme Posted June 6, 2011 Author Share Posted June 6, 2011 Good to see the spam has been removed.Is the advice to treat a draw-down as a pension on a French tax for from personal experience and without problems?I was wondering because it is still an investment controlled by the individual rather than an investment and payment under the control of pension provider. Link to comment Share on other sites More sharing options...
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