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Another Tax Query


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Apologies if this has been covered before.

Have just moved to France and would be grateful if someone could clarify a tax issue I have.

I am a director and shareholder of a property company in the UK. The company has just sold its property, and our UK accountants have advised us to liquidate the company if we want to distribute the funds to the shareholders.

We have been advised that with taper relief etc our tax liability will be 15% in the UK.

However what is the liability now that we are in France, and would social charges be liable on this receipt? I am assuming that we would have to declare our receipt to the French authorities on our tax return.




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