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Declaring equity investments outside France


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I am trying to get ahead with next year's tax form and wondered if someone can help me with this question. We have some equity investments in Luxembourg and I am told we need to declare these as French residents. The investment company tell us that if they were to withhold tax (vs. us declaring ourselves), it would only be on redemptions, switches and transfers. Does this mean that if we don't redeem any investment units in a given year, we have nothing to declare ? i.e. we don't declare any increase in value of the investment unless we cash it in ?

If any one knows of a good site or book that covers these types of questions, it would be a great help to know !

Many thanks


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