France

EuropeEUR121 Tax Treaties

Top Income Tax

45%

Marginal rate

Corporate Tax

25%

Standard rate

VAT / Sales Tax

20%

Standard rate

Capital Gains

30%

Standard rate

Overview

France has a high-tax environment with excellent public services and social protections. The family quotient system can significantly reduce taxes for families. Paris remains a global business center with strong government support for startups through the La French Tech initiative.

Income Tax Brackets

Income Range (EUR)Tax Rate
0 - 11,2940%
11,294 - 28,79711%
28,797 - 82,34130%
82,341 - 177,10641%
177,106+45%

Family quotient system divides income by household shares. Plus 3% contribution on high incomes.

Corporate Tax

Standard Rate

25%

25% standard rate. Reduced 15% rate on first 42,500 EUR for qualifying SMEs.

VAT / Sales Tax

Standard Rate

20%

Reduced Rates

5.5%, 10%

5.5% on food, books, energy. 10% on restaurants, transport, renovations.

Capital Gains Tax

Standard Rate

30%

Flat tax (PFU) of 30% on investment income (12.8% income tax + 17.2% social contributions). Can opt for progressive.

Social Security Contributions

Employee

22%

Employer

45%

Self-Employed

45%

Very high employer contributions. Includes health, pension, unemployment, family.

Special Tax Regimes

Impatriate Regime

30-50% of compensation can be exempt from income tax for employees transferred to France.

Eligibility: Must be assigned from abroad or directly recruited from outside France. Valid for up to 8 years.

Pros & Cons

Pros

  • Family quotient reduces taxes for families
  • Flat tax option on investment income
  • Excellent healthcare and social services
  • Strong R&D tax credits

Cons

  • Very high employer social contributions (45%)
  • Complex tax system
  • No digital nomad visa
  • High cost of living in Paris

Living Indicators

Cost of Living Index

67/ 100

Above average

Quality of Life Index

69/ 100

Good

Best For

familiesR&D companiesluxury sector businesses

Data Sources

Tax rate data for France is compiled from the following authoritative sources:

Last verified: 2024-01

Disclaimer: This content is for informational purposes only and does not constitute tax advice. Tax laws change frequently. Always consult a qualified tax professional before making decisions about your tax residency or obligations.